Monday, January 28, 2008

The Legacy of the George W. Bush presidency

The chairman of the House Democratic Caucus, Rahm Emanuel, debuted the following chart last week in anticipation of the President Bush's final State of the Union address tonight. It's pretty startling stuff...

THE LEGACY OF GEORGE W. BUSH’S PRESIDENCY

The Country He Inherited, The Country He Leaves Behind

THE ECONOMY

JANUARY 20, 2001

TODAY UNDER BUSH

REAL GDP GROWTH1

4.09% Over Prior 8 Years

2.65% Over Prior 7 Years

NATIONAL DEBT2

$5.7 Trillion

$9.2 Trillion

BUDGET DEFICIT/SURPLUS3

$431 Billion Surplus over the Previous Three Budget Years

$734 Billion Deficit over the

Previous Three Budget Years

NEW PRIVATE SECTOR

JOBS CREATED4

1.76 Million Jobs Per Year

Over Previous 8 Years

369,000 Jobs Per Year

Over Previous 7 Years

AMERICANS IN POVERTY 5

31.6 Million

36.5 Million

QUALITY OF LIFE

JANUARY 20, 2001

TODAY UNDER BUSH

AMERICANS UNINSURED &

CHANGE IN UNINSURED LEVEL6

38 Million Uninsured

4.5 Million Less in 2 Years

47 Million Uninsured

8.5 Million More in 6 Years

ANNUAL TOTAL PREMIUM COST7

$6,230 for Family Premium

$12,106 for Family Premium

MEDIAN HOUSEHOLD INCOME &

CHANGE IN MEDIAN INCOME8

$49,163

$6,000 Increase in 8 Years

$48,023

$1,100 Decrease in 6 Years

PRICE OF GAS9

$1.39/Gallon

$3.07/Gallon

COST OF COLLEGE10

$3,164 per year

$5,192 per year

PERSONAL SAVINGS RATE11

+2.3%

-0.5%

CONSUMER CREDIT DEBT12

$7.65 Trillion

$12.8 Trillion

UNITED STATES & THE WORLD

JANUARY 20, 2001

TODAY UNDER BUSH

U.S. TRADE DEFICIT13

$380 Billion

$759 Billion

STRENGTH OF U.S. DOLLAR14

1.07 Euros per Dollar

0.68 Euros Per Dollar

COMBAT READINESS15

All Active Duty Army Divisions Were Rated At The Highest Readiness Levels

Not A Single Active Duty Or Reserve Brigade In The U.S. Considered “Fully Combat Ready.”

FOREIGN OIL DEPENDENCY16

52.75% of U.S. Liquid Fuel Consumption is Imported

60.38% of U.S. Liquid Fuel Consumption is Imported

VIEW OF AMERICA ABROAD17

PEW POLL OF TEN NATIONS

58.3% Viewed

America Favorably

39.2% Viewed

America Favorably

GREAT BRITAIN’S VIEW OF U.S.

83% Favorable

56% Favorable

INDONESIA’S VIEW OF U.S.

75% Favorable

30% Favorable

TURKEY’S VIEW OF U.S.

52% Favorable

12% Favorable

GERMANY’S VIEW OF U.S.

78% Favorable

37% Favorable

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