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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: tejek who wrote (55522)3/7/2007 11:02:21 AM
From: TimF   of 90947
 
Counting from 2003 makes sense because that's when the tax cuts fully took effect. Also because late 2001 and at least early 2002 where hit by the aftermath of 9/11. And finally the editorial is talking about the recovery. 2001 and 2002 where not really the recovery.

Prior to the last year and half, job creation more often than not was less than 150K per month.

And a year and a half is long enough to make the claim that this is a jobless recovery bogus. Also from unemployment was low even prior to the last year and a half, and never got all that high even at the worst economic point after the tech bubble popped. If unemployment isn't high, its more difficult to get high job growth. Maintaining the low unemployment is itself something of an achievement.

How much of the achievement is actually Bush's can be debated. I do think that presidents often get too much blame and too much credit for good or bad things that happen while they are president. OTOH tax cuts are frequently beneficial for the economy.
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