Another Bush Failure

In spite of all the grandiose words and schemes put forth by the Republicans and the Bush administration about job creation, unemployment is up 84% over the past 8 years. Based on seasonally adjusted averages just released the numbers are telling.

When President Bush took office, the unemployment rate was 4.2 percent and the ranks of the unemployed stood at just over 6 million. As it turns out, the nation would never again see unemployment that low during the entire Bush term. Today, the unemployment rate is 7.2 percent and there are 11.1 million people unemployed.

Also noteworthy is the employment-to-population ratio. When Bush took office, that ratio was 64.4 percent. It would never see that level again. It went down through his presidency to today's 61 percent. That's through all of the business and high-income tax cuts that Bush and conservatives said would create jobs.

The bad news continues to flow day by day. At least we are down to the final 8 days before the end comes. Our nation can ill afford any more terrible news from this administration.

Peace.