https://www.bumpertalk.com/~bumper/cgi-bin/cart.cgi/scan/fi=products/st=db/co=yes/sf=prod_group/se=Political/op=eq/sf=category/se=Bush%20No/op=eq/sf=inactive/se=1/op=ne/rf=sku/ml=15/tf=sku/to=x/va=banner_text=%20%20Bush%20No.html
Here are some facts
Under Bush, Rich Get Richer While Outlook for Poor and Middle Class Grows Bleaker
The Associated Press reports that the total net worth of America's richest people rose 10 percent to $955 billion this year from 2002, according to Forbes magazine's annual ranking of the nation's 400 wealthiest individuals. Unfortunately, things are not going nearly as well for the rest of the country, according to two recently released Census Bureau reports. These reports show that median household income declined 1.1 percent in real terms from the 2001 figure to $42,409. Furthermore, the number of people in the U.S. living in poverty has risen for the second year in a row to 34.6 million, an increase of nearly 3 million people since 2000. The proportion of Americans living in poverty increased to 12.1 percent in 2002 from 11.7 percent in 2001—an additional 1.7 million people in poverty.
Sources: Frederick, Md. News-Post, "Net Worth of America's Richest Rises After Two-Year Decline," Sept. 20, 2003; U.S. Census Bureau, "Poverty in the United States: 2002," Sept. 2003; U.S. Census Bureau, "Income in the United States: 2002," Sept. 2003
Bush Economy: Temporary Growth, Lasting Damage
While George W. Bush has been touting good news on the economy, the picture is not quite so rosy, especially in the long term. The Boston Globe reports that recent economic growth is not "merely a lucky accident." According to the Globe, Bush's enormous military and security spending, and two of the largest tax cuts in the nation's history are likely to result in "short-term growth and long-term damage." The Globe describes the economic policies of the Bush administration as a "crude and destructive cocktail of stimulants." Even if the recent positive economic signals temporarily take hold, "the administration's policies will weaken the economy over time, fall particularly harshly on its working middle- and low- income citizens, and fail to prepare the nation for a century of far more intense global competition."
Source: Boston Globe, "Boom and Bust," Nov. 9, 2003.