This graph shows the change in private sector payroll jobs from when each president took office until the end of their term(s). President George H.W. Bush only served one term, and President Obama has just started his second term. Mr. G.W. Bush (red) took office following the bursting of the stock market bubble, and left during the bursting of … Continue reading
The Maddow Blog – A stroll down memory lane maddowblog.msnbc.msn.com – After Friday’s discouraging jobs report, there was increasing talk on the right about the benefits of George W. Bush’s record, as if the nation would be better off turning back the clock to 2008. A… JobMarketMon Classes of 2001 vs. 1999: What a Difference Two … Continue reading
On January 8, 1964, President Lyndon B. Johnson delivered a State of the Union address to Congress in which he declared an “unconditional war on poverty in America.” At the time, the poverty rate in America was around 19 percent and falling rapidly. This year, it is reported that the poverty rate is expected to … Continue reading
The American economy was terrifyingly close to the brink in 2008 and 2009, and the impending collapse of General Motors and Chrysler threatened to be the final push. When the companies begged the federal government to save them from financial catastrophe, President George W. Bush and later President Obama ignored strong Republican objections, saving a … Continue reading