The fact is that inflation moderated, the value of the dollar rose, and unemployment declined.
Under Bush in 2000 the recession went away and unemployment, which was never over 6% or so remained under 5.5 for most of his presidency.
Under Obama inflation is heating up, unemployment is at its highest sustained point since Carter, and we have endured 3 years of recession or painfully slow growth.
Facts. The actual ones.
Look, I'm NOT saying the Dems have the answers, actually they have no answers.
The fact of the matter is that the GOP philosophy of trickle down didn't work as the charts I supplied prove.
Secondly, yes the Clinton recession that GWB inherit did go away but shortly after that the biggest recession this country ever had appeared while W was in office. Now I'm not blaming that recession just on Bush, but also the Dems, the GOP, the Fed and the private financial sector.
As is noted with the charts I supplied, income for a huge majority of Americans headed south, when trickle down was suppose to help everyone. Now if you think that the well being of just the top percentiles reflects success of the GOP philosophy, tens of millions of working Americans would disagree. Can the top percentile to drive the US consumer-driven economy alone? NO!
In the end, the two party system is stale with ideas and new ideas certainly need to be interjected into the conversation. Neither party has the imagination or the required independent thinking to move our economy forward. Both are too married to special interest to have the ability to solve America's declining economy to cover a majority of Americans.
Also, you diehards keep on making claims about how great the unemployment numbers were after the recession recovery during the Bush years. But unemployment numbers don't mean much when a person looks at the more accurate picture use the Labor Participation Rate that includes the entire US workforce. It's like right now, the unemployment rate is at 9% but in fact the real unemployment rate is more like 23%.
What Is the Real Unemployment Rate?
Looking at the at the Labor Participation Rate during the alleged huge drop in unemployment during Bush recovery, it doesn't even get close to the Participation Rate when Clinton left office. The January 2001 unemployment rate was 4.2, the lowest it got under Bush was 4.4. But you can barely see that within the Labor Participation Rate.