http://www.progressive.org/oct03/galb1003.html"George Bush did not entirely create this problem. The bubble and the bust of high technology, the obsession with a strong dollar, the debt build-up of American households--these existed before we got George Bush. The late 1990s were a moment of prosperity and that rarest of economic achievements--full employment. But the boom was based on dreams, illusions, and mortgages. These set the stage for a slump that began in late 2000, from which we have not recovered and will not recover soon.
But Bush has done nothing to make our economic problem better and much to make it worse. We have lost around 2.6 million jobs since he took office, and about 650,000 just since the 2002 election. In the face of this, the bulk of the Bush tax cuts went, notoriously, to the very wealthy, whose spending is little affected. Many middle class Americans will get hit by rising property and sales taxes--at the state and local level. And meanwhile, Bush is bent on eroding pay and working conditions, with the most recent outrage being the assault on fair labor standards affecting overtime. As for the minimum wage? Forget about it."
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