The Lost Decade

As the Big Picture’s Barry Ritholtz writes:

Just in case you forgot: By nearly any conceivable measure, the George W. Bush administration (2000-08) economic performance was the worst of any President since Hoover.

That requires repeating: the 2000s were the worst economic decade since Herbert Hoover. Seems like an important fact to remember.

Oh, and no, Barack Obama was actually not president for most of that decade.

And, yes, the irresponsible Bush tax cuts and unnecessary Bush run-up in the national debt did not make the economy work. Instead, they represented part of an epic series of policy mistakes that should discredit everyone who dared to support them.

Comments are closed.