That is after eight years of Clinton-omics, which recovered from the H. W. Bush-onomics of an all time high in June of 1992 ot 7.8% unemployement.
Bu July of 2003 the unemployement rate had peaked at 6.2%. Now most people blamed that on the events of September 11, 2001. And that sounded reasonable to most folks voting in November 2004, but, that isn't when the unemployement rate started to increase or the economics of the country started to stall. That started approximately five months before when Bush and Cheney began empting the USA Treasury of its surplus for no real reason at all except that it was there. Not that the country didn't have worries such as the Baby Boomer Social Security needs along with Medicare and Medicaid, but, just becuase it was there. It was fun for "W" to act like Santy Clause to insure the nation that sincerely didn't want him in office by majority vote accepted it anyway and would return him in 2004.
That leads to the National Debt. I haven't even bothered yet to figure out the percentages yet, but, I already know that the first and second four years of "W"'s administration saw increases in all those areas over 100%.
But, to the national debt. I mean there is a question about how high the debt got under the previous administration compared to President Clinton? There was a surplus in January 2000 when Bush took office. Hello?
Bu July of 2003 the unemployement rate had peaked at 6.2%. Now most people blamed that on the events of September 11, 2001. And that sounded reasonable to most folks voting in November 2004, but, that isn't when the unemployement rate started to increase or the economics of the country started to stall. That started approximately five months before when Bush and Cheney began empting the USA Treasury of its surplus for no real reason at all except that it was there. Not that the country didn't have worries such as the Baby Boomer Social Security needs along with Medicare and Medicaid, but, just becuase it was there. It was fun for "W" to act like Santy Clause to insure the nation that sincerely didn't want him in office by majority vote accepted it anyway and would return him in 2004.
That leads to the National Debt. I haven't even bothered yet to figure out the percentages yet, but, I already know that the first and second four years of "W"'s administration saw increases in all those areas over 100%.
But, to the national debt. I mean there is a question about how high the debt got under the previous administration compared to President Clinton? There was a surplus in January 2000 when Bush took office. Hello?
