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Tuesday, May 1, 2012

Romney Hires Bush Economic "Experts"


If you enjoyed the economic catastrophe that befell the United States in 2008, you'll be glad to hear that Governor Romney has hired the economic team that brought it to us.
There’s not much in politics that allows me to say, “I’m old enough to remember when.” But here’s one: I’m old enough to remember when George W. Bush was president.

It was, after all, only four short years ago. And it didn’t go so well. The Bush economy is one of the worst on record. Median wages dropped. Poverty worsened. Inequality increased. Surpluses turned into deficits. Monthly job growth was weaker than it had been in any expansion since 1954. Economic growth was sluggish. And that’s before you count the financial crisis that unfurled on his watch. Add the collapse to the equation, and Bush’s record goes from “not so good” to “I can’t bear to look.”


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