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After eight years of George W. Bush how is the country fairing?

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Republican Ronald Reagan ended the 1980 presidential debates by famously asking: “Are you better off now than you were four years ago?” It’s a fair question to ask at the end of a President’s term so we should stop to considering if we’re better off now after eight years of George W. Bush. The answer according to NBC is not so much:

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

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)

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

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

That last one just kills me every time I see it. We were in the black and now we’re deep in the red. This is George W. Bush’s legacy.


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