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Coming This Summer: For $24.95, George W. Bush Will Share His Strategies For Economic Growth
Former President George W. Bush jumped back into presidential politics this week, endorsing presumptive 2012 GOP nominee Mitt Romney. He also, according to the New York Times, plans to release a book in two months that will lay out his advice on boosting economic growth:
Gingerly, the 43rd president is beginning to add his voice back into the national dialogue. A month ago, he spoke publicly in favor of one of his defining domestic legacies, the tax cuts that still divide the country. Two months from now, he plans to publish a book outlining strategies for economic growth. And on Tuesday, he made a rare return to Washington to promote freedom overseas.
That Bush believes the country needs his thoughts on how to create economic growth is laughable. After all, under his watch, growth in investment, GDP, and employment all posted their worst performance of any post-war expansion, while overall monthly job growth was the worst of any cycle since at least February 1945, and household income growth was negative for the first cycle since tracking began in 1967. As the Economic Policy Institute found, between the end of the 2001 recession (2001Q4) and the peak of that expansion (2007Q4), the U.S. economy experienced the worst economic expansion of the post-war era.
As this chart shows, the only economic indicator on which Bush exceeded the average is corporate profits:
[url=http://www.flickr.com/photos/41483660@N04/7211316138/][img][/img][/url]
[url=http://www.flickr.com/photos/41483660@N04/7211316138/]busheconrecordchart[/url]
http://thinkprogress.org/economy/2012/05/16/484981/bush-economic-book/
jwirr
(39,215 posts)rurallib
(62,406 posts)who started a fucking war - no 2 wars - and gave his buddies a tax cut?
This Moron wants to talk about fixing the economy??
There aren't enough LOL smilies in the world to give this what it deserves.
MindMover
(5,016 posts)now that is a joke book.....
laundry_queen
(8,646 posts)He's charging $24.95 for a book that has zero substance and that at least 30% of the population will buy.
Now that's the REAL economic lesson for you.