Monday, November 12, 2007

Did Bush Inherit a Recession From Clinton?

Many Bill Clinton supporters blame George Bush for destroying the economy immediately upon taking office. Below is a graph showing GDP growth and unemployment rates. Click the graph to enlarge.



Remember that Bush took office on January 20, 2001 and so can't reasonably be held responsible for any economic activity occurring before the 2nd quarter of 2001.

No comments: