I read this from The Atlantic and had to share. This is what we all know to be true, and the facts are finally comming to light. The primary source is the U.S. Census Bureau; a govt. dept. that deals only with numbers. The analysis of the numbers is left to others. All quotes come from http://politics.theatlantic.com/...
The article begins...
Thursday's annual Census Bureau report on income, poverty and access to health care-the Bureau's principal report card on the well-being of average Americans-closes the books on the economic record of George W. Bush.
with what every American already knows to be true ...
On every major measurement, the Census Bureau report shows that the country lost ground during Bush's two terms. While Bush was in office, the median household income declined, poverty increased, childhood poverty increased even more, and the number of Americans without health insurance spiked. By contrast, the country's condition improved on each of those measures during Bill Clinton's two terms, often substantially.
Addressing the tax cut, tax cut, tax cut mantra:
Bush built his economic strategy around tax cuts, passing large reductions both in 2001 and 2003. Congressional Republicans are insisting that a similar agenda focused on tax cuts offers better prospects of reviving the economy than President Obama's combination of some tax cuts with heavy government spending. But the bleak economic results from Bush's two terms, tarnish, to put it mildly, the idea that tax cuts represent an economic silver bullet.
The brief summary is:
So the summary page on the economic experience of average Americans under the past two presidents would look like this:
Under Clinton, the median income increased 14 per cent. Under Bush it declined 4.2 per cent.
Under Clinton the total number of Americans in poverty declined 16.9 per cent; under Bush it increased 26.1 per cent.
Under Clinton the number of children in poverty declined 24.2 per cent; under Bush it increased by 21.4 per cent.
Under Clinton, the number of Americans without health insurance, remained essentially even (down six-tenths of one per cent); under Bush it increased by 20.6 per cent.
These downturns have additional history as well:
Adding Ronald Reagan's record to the comparison fills in the picture from another angle.
Under Reagan, the median income grew, in contrast to both Bush the younger and Bush the elder. (The median income declined 3.2 per cent during the elder Bush's single term.) When Reagan was done, the median income stood at $47, 614 (again in constant 2008 dollars), 8.1 per cent higher than when Jimmy Carter left office in 1980.
But despite that income growth, both overall and childhood poverty were higher when Reagan rode off into the sunset than when he arrived. The number of poor Americans increased from 29.3 million in 1980 to 31.7 million in 1988, an increase of 8.4 per cent. The number of children in poverty trended up from 11.5 million when Carter left to 12.5 million when Reagan stepped down, a comparable increase of 7.9 per cent. The total share of Americans in poverty didn't change over Reagan's eight years (at 13 per cent), but the share of children in poverty actually increased (from 18.3 to 19.5 per cent) despite the median income gains.
The past rarely settles debates about the future.
... because conservatives refuse to learn from history. They would rather reintroduce the same old failed policies and pray for a different outcome.