The verdict is in

The younger Bush’s two terms, economically characterized by two massive tax cuts in 2001 and 2003, were a complete, absolute and unmitigated failure. Every single important category of economic well-being saw a decline. When Bill Clinton left office in 2000, the median income was $52,500. When Bush left in 2009, that had fallen to $50,303.

“What is phenomenal about the years under Bush is that through the entire business cycle from 2000 through 2007, even before this recession…working families were worse off at the end of the recovery, in the best of times during that period, than they were in 2000 before he took office.”

More people were in poverty, more children were in poverty, many, many fewer people had health care insurance coverage at the end of Bush’s term than at the end of Clinton’s. What’s truly amazing about this record is that Republicans are under the impression that voters should reward them for such utter, absolute failure.

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