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A vehicle for venting on philosophy, religion, and the general state of things. Proprietor: C. W. Powell

Wednesday, August 04, 2004

The New York Times > Opinion > Op-Chart: A Record of Recovery: "These charts show the rate of change in real gross domestic product and in employment from 1990 to last June. The shaded areas show recessions. The vertical lines show when President Bill Clinton took office and when he left. Because the economy has momentum, it's useful to look carefully at the trends in evidence at the time of presidential transitions. When you look at the record, a quick summary is this: President Clinton inherited prosperity; President Clinton bequeathed recession."
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Facts are stubborn things. The truth about the Clinton recession and the Bush recovery are here plain for all to see, except those who are blind because they will not see. If you like Clinton because he advanced a liberal agenda, then you won't want to look at these charts. It will be painful.
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