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February 2008
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The Legacy Of George W Bush’s Presidency

So did you all vote yesterday? Here’s some interesting statistics on the mess that Bush is leaving for the next president. [Via Democratic Caucus]

THE LEGACY OF GEORGE W. BUSH’S PRESIDENCY

The Country He Inherited, The Country He Leaves Behind

 

THE ECONOMY

JANUARY 20, 2001

TODAY UNDER BUSH

REAL GDP GROWTH1

4.09% Over Prior 8 Years

2.65% Over Prior 7 Years

NATIONAL DEBT2

$5.7 Trillion

$9.2 Trillion

BUDGET DEFICIT/SURPLUS3

$431 Billion Surplus over the Previous Three Budget Years

$734 Billion Deficit over the

Previous Three Budget Years

NEW PRIVATE SECTOR

JOBS CREATED4

1.76 Million Jobs Per Year

Over Previous 8 Years

369,000 Jobs Per Year

Over Previous 7 Years

AMERICANS IN POVERTY 5

31.6 Million

36.5 Million

QUALITY OF LIFE

JANUARY 20, 2001

TODAY UNDER BUSH

AMERICANS UNINSURED &

CHANGE IN UNINSURED LEVEL6

38 Million Uninsured

4.5 Million Less in 2 Years

47 Million Uninsured

8.5 Million More in 6 Years

ANNUAL TOTAL PREMIUM COST7

$6,230 for Family Premium

$12,106 for Family Premium

MEDIAN HOUSEHOLD INCOME &

CHANGE IN MEDIAN INCOME8

$49,163

$6,000 Increase in 8 Years

$48,023

$1,100 Decrease in 6 Years

PRICE OF GAS9

$1.39/Gallon

$3.07/Gallon

COST OF COLLEGE10

$3,164 per year

$5,192 per year

PERSONAL SAVINGS RATE11

+2.3%

-0.5%

CONSUMER CREDIT DEBT12

$7.65 Trillion

$12.8 Trillion

UNITED STATES & THE WORLD

JANUARY 20, 2001

TODAY UNDER BUSH

U.S. TRADE DEFICIT13

$380 Billion

$759 Billion

STRENGTH OF U.S. DOLLAR14

1.07 Euros per Dollar

0.68 Euros Per Dollar

COMBAT READINESS15

All Active Duty Army Divisions Were Rated At The Highest Readiness Levels

Not A Single Active Duty Or Reserve Brigade In The U.S. Considered “Fully Combat Ready.”

FOREIGN OIL DEPENDENCY16

52.75% of U.S. Liquid Fuel Consumption is Imported

60.38% of U.S. Liquid Fuel Consumption is Imported

VIEW OF AMERICA ABROAD17

PEW POLL OF TEN NATIONS

58.3% Viewed

America Favorably

39.2% Viewed

America Favorably

GREAT BRITAIN’S VIEW OF U.S.

83% Favorable

56% Favorable

INDONESIA’S VIEW OF U.S.

75% Favorable

30% Favorable

TURKEY’S VIEW OF U.S.

52% Favorable

12% Favorable

GERMANY’S VIEW OF U.S.

78% Favorable

37% Favorable

 



1 Bureau of Economic Analysis

2 Department of Treasury

3 Congressional Budget Office

4 Bureau of Labor Statistics

5 United States Census Bureau

6 United States Census Bureau

7 Kaiser Study of Employer Health Care Benefits

8 United States Census Bureau

9 Energy Information Administration

10 Higher Education Coordinating Board of Washington State

11 Bureau of Economic Analysis

12 Insurance Information Institute

13 United States Census Bureau

14 OANDA.com: The Currency Website

15 Speaker of the House Fact Sheet, 11/29/07

16 Energy Information Administration

17 Testimony of Andrew Kohut; President, Pew Research Center; 3/17/07

Comments

Comment from Scott Armitage
Posted: February 6, 2008 at 8:40 pm

While I cannot say I have supported many of the decisions made by President Bush during his tenure, I feel I have to point out that a lot of the points listed above, sensational as they may be, imply nothing more than correlation, and certainly don’t go so far as to claim causation.

Comment from Maureen
Posted: February 6, 2008 at 9:19 pm

Love both this blog and Qeeper but I agree with Scott wholeheartedly.

Comment from Diane J Standiford
Posted: February 7, 2008 at 12:32 am

Uh, if it walks like a duck and quacks like a duck—–DUCK!!!!!!! The “causation,” as Bush’s role therein, would be too vast to post.

Comment from Hakushaku
Posted: February 7, 2008 at 5:00 pm

Oh please, Bush and his cabal of world-ruining buffoons played major roles in accelerating most, if not all, of the factors listed above. You obviosly can’t draw black and white causational conclusions on an engine as complex and poorly understood as the national economy, but you’d be a fool not to link a great deal of them to this administration.

Comment from kristen
Posted: February 11, 2008 at 4:43 pm

I agree w/ Hakushaku. It can’t be a mere coinky dink. I love the blank & confused look Bush has all the time.