If that's even close to the truth nobody had a job under Bush:
I did and what does that have to do with now? Bush hasn't been president for seven years.
It's just the way it is on political message boards.
Boards like USMB attract mostly the fringe element filled with severe distaste (hate) for their opposition. Everything that goes wrong is always the otherside's fault and their side always has the answer.
When W was president, anything that went wrong, well it was Clinton's fault. With Obama in office the shoe is on the other foot and now everything is W's fault.
This board (along with other boards) lacks enough objective posters to be taken seriously.
Please tell me none of these things happened.
Year Federal revenue(billions) increase/ decrease Change Reason
2000 $1,211
2001 $1,145 -$ 66 -5.47% -- remember Wall street closed, no flights 3 days destructions!
2002 $1,006 -$139 -12.14% In spite of dot.com/911 losses tax writes offs..
2003 $ 926 -$ 81 -8.04% dot.com/911 losses tax write offs
2004 $ 998 $ 73 up! 7.87% ^ Tax cuts STARTED.. in spite of tax revenues UP!
2005 $1,206 $207 up! 20.76%^ Again tax cuts in play.. REVENUES UP!!!
2006 $1,398 $192 UP! 15.95%^ AGAIN tax cuts but REVENUES UP!!!
2007 $1,534 $136 UP! 9.72%^ Again tax cuts BUT revenues UP!!!
2008 $1,450 -$ 84 - 5.45% $500 billion pulled out of MMF on 9/18/08 in 2 hours!
And then we had more jobs created in spite of the above events that cost jobs...
3 years of down REVENUES after
1) Recession...
2) Dot.com bust remember $5 trillion in market losses MEANT tax deductions which meant LoWER REVENUE DUMMY!
3) Little event like 9/11occurred! 3 days no flights;10 days no wall street! 18,000 businesses loss
Event like that cost 400,000 jobs that PAID TAXES you dummy!!!
4) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history.
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
10 Events That Rocked the Financial World
AND YOU evidently forgot about those events and the direct loss of tax payer jobs. Of tax paying businesses destroyed in 9/11 and worst hurricanes!
FROM the Bureau of Economic Analysis Department of Commerce:
BEA National Economic Accounts
When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
A 16% increase in GDP or $2 TRILLION
OH and yea how about THESE EVENTS that no other President ever experienced: 1) Dot.com bust-- 2) 9/11 3) Worst hurricane SEASONS...All of which made
these numbers worse BUT still there was growth!!!
THESE events OCCURRED!
YET in SPITE of :
a) 400,000 jobs lost due to Hurricanes Katrina/Rita ,
b) 2,800,000 jobs lost in alone due to 9/11,
c) 300,000 jobs lost due to dot.com busts...
In spite of nearly $8 trillion in lost businesses, market values, destroyed property.. IN SPITE of that:
So starting in 2001 132,548,000 people were working.
At the end of 2008 138,056,000 people working..
AFTER the tax cuts Federal Tax REVENUES Increased an average of 9.78% per year!!!
Government Revenue Details: Federal State Local for 2008 - Charts
These are the FACTS.. NOT subjective but real facts.
But you and others totally ignore the biased MSM's efforts to bias the news during GWB presidency.
PROOF they were biased?
1) In 2008 85% of media donated money to Democrats!
1,160 (85%) of the 1,353 of the Senior executives, on-air personalities, producers, reporters, editors, writers and other self-identifying employees of ABC, CBS and NBC contributed more than $1 million to Democrats candidates and campaign committees in 2008, according to an analysis by The Examiner of data compiled by the Center for Responsive Politics.
Obama, Democrats got 88 percent of 2008 contributions by TV network execs, writers, reporters
2) 130,213 stories can't be swept under the rug that show that the Democrat Bias is very evident!
Study of 130,213 stories shows Obama bias in 2012 election BY PAUL BEDARD | MARCH 16, 2015 | 10:49 AM
A sweeping study of some 130,213 news articles on the 2012 presidential match between President Obama and Mitt Romney has proven anew
that there was a strong pro-Democratic bias in the U.S. and international press.
The study, published in the authoritative journal Big Data Society, also tested the campaign themes the media focused on and determined that Obama succeeded in stealing the economic issue from Republican Romney.
"Overall, media reporting contained more frequently positive statements about the Democrats than the Republicans.
Overall, the Republicans were more frequently the object of negative statements," wrote the study authors, Their conclusion:
"The Republican Party is the most divisive subject in the campaign, and is portrayed in a more negative fashion than the Democrats."
Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at
pbedard@washingtonexaminer.com.
Smooch: Study of 130,213 stories shows Obama bias in 2012 election