Today’s Washington Post (1/12/09) brings news that will probably surprise very few readers:
President Bush has presided over the weakest eight-year span for the U.S. economy in decades, according to an analysis of key data, and economists across the ideological spectrum increasingly view his two terms as a time of little progress on the nation’s thorniest fiscal challenges.
The number of jobs in the nation increased by about 2 percent during Bush’s tenure, the most tepid growth over any eight-year span since data collection began seven decades ago. Gross domestic product, a broad measure of economic output, grew at the slowest pace for a period of that length since the Truman administration. And Americans’ incomes grew more slowly than in any presidency since the 1960s, other than that of Bush’s father.
The New York Times (1/28/08) claimed in a front-page story that George W. Bush’s economic growth record “would be the envy of most presidents.” This claim has no basis in fact and should be corrected by the newspaper.
The paper never responded to FAIR activists on that one.