Wednesday, January 07, 2009

Bush Legacy Project

If President Bush is looking for his legacy, NBC News has put together some helpful stats comparing how things were when Bush took office in 2001 with how they are today.

UNEMPLOYMENT RATE
Then: 4.2% (Bureau of Labor Statistics, January 2001)
Now: 6.7% (Bureau of Labor Statistics, November 2008)

As of November!!! Just wait until they figure in the numbers for December and January!!!!

DOW JONES INDUSTRIAL AVERAGE
Then: 10,587 (close of Friday, Jan. 19, 2001)
Now: 9,015 (close of Tuesday, Jan. 6, 2009)

Now there’s a legacy for you. Eight years of gains in the stock market completely wiped out. Heck of a job, Mr. President!

BUSH FAVORABILITY RATING
Then: 50% (1/01 NBC/WSJ poll)
Now: 31% (12/08 NBC/WSJ poll)

31 percent favorable?? That seems a little high.

CHENEY FAVORABILITY RATING
Then: 49% (1/01 NBC/WSJ poll)
Now: 21% (12/08 NBC/WSJ poll)

Hard to believe his favorables were ever that high.

CONGRESS APPROVAL RATING
Then: 48% (1/01 NBC/WSJ poll)
Now: 21% (12/08 NBC/WSJ poll)

These numbers should start to go up now that the Republicans are out of power.

SATISFIED WITH THE NATION'S DIRECTION
Then: 45% (1/01 NBC/WSJ poll)
Now: 26% (12/08 NBC/WSJ poll)

CONSUMER CONFIDENCE (1985=100)
Then: 115.7 (Conference Board, January 2001)
Now: 38.0, which is an all-time low (Conference Board, December 2008)

FAMILIES LIVING IN POVERTY
Then: 6.4 million (Census numbers for 2000)
Now: 7.6 million (Census numbers for 2007 -- most recent numbers available)

And these numbers are before the big financial meltdown.

AMERICANS WITHOUT HEALTH INSURANCE
Then: 39.8 million (Census numbers for 2000)
Now: 45.7 million (Census numbers for 2007 -- most recent available)

Same here.

U.S. BUDGET
Then: +236.2 billion (2000, Congressional Budget Office)
Now: -$1.2 trillion (projected figure for 2009, Congressional Budget Office)

And finally, Bush’s most long-lasting legacy. Debt up to our eyeballs for as long as we can see...

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