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June 09, 2009


It would be interesting if Brendan were to reproduce from his link the 2005 chart showing the effects of the Bush tax, and to show alongside it a similar chart for 2009.

Brendan's own chart at his cite shows that a month or two after Bush signed his recession-fighting bill the jobless rate began to decline. Furthermore, it peaked at a bit above 6%. And, as Brendan points out, the Bush economy had to cope with the effects of the 9/11 attacks. The unemployment rate continued to improve for the next two years.

Today, almost three months after enactment of the the Obama/Pelosi "stimulus" bill, the unemployment rate continues to skyrocket and has reached 9.4%.

I hope things will turn around soon, but, so far it looks like Bush's approach worked and Obama's didn't.

Your faith-based approach to economics and politics is stellar, David.

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