A Gallup poll conducted March 26-28 shows that 75% of Americans surveyed still place most of the blame for the current economy on former President George W. Bush.
George W. Bush implemented standard Republican economic, fiscal and (de)regulatory policies. It was these policies that wrecked the economy, not Bush. If we allow them to be implemented again, we'll suffer the same results.
% Per Annum Democrat Republican Bush
ReplyDeleteGDP Growth 4.1% 2.9% 2.2%
Employment 2.9% 1.7% 0.5%
CPI 4.0% 5.1% 3.0%
DJIA 8.1% 6.5% 0.9%
Dollar +0.8% -3.6% -5.9%
Bush was a little short of the Republican standard since 1961, but more in line with them than the Democrats. Since the turn of last century, the dollar adjusted DOW rose an average of 13.5%/year under Democratic presidents and 6.0%/year under Republican presidents.