Boston Herald column shows Bush is a failure

Bush economy nothing to broadcast
By Brett Arends
Boston Herald Business Columnist

Wednesday, October 11, 2006

The neocon talk-show hosts were so angry last week they could barely speak.

The “mainstream media” and “the drive-by media” and “the liberal media,” they said, were deliberately ignoring the president’s great record on the stock market, on gasoline prices and on jobs.

Why don’t the media talk about the Dow, they demanded.

OK. Let’s.

The Dow Jones Industrials Average closed last week at 11,867. That’s a gain of 1,279 points since George Bush took office on Jan. 20, 2001.

That’s an annualized gain of 2 percent.

Under Bill Clinton, it was 15.9 percent.

Bush’s dad: 9.8 percent.

Ronald Reagan: 11.3 percent.

These figures are public record.

The index also did better under Presidents Ford, Johnson, Kennedy, Eisenhower, Truman, Franklin D. Roosevelt and Calvin Coolidge. Much better.

Since World War I, the only presidents with a worse Dow Jones Industrials record than the incumbent were Herbert Hoover, Richard Nixon and Jimmy Carter.

Hoover, Nixon, Carter, Bush? Hmmmm.

I’m saying nothing...

See full article: http://news.bostonherald.com/editorial/view.bg?articleid=161760

Especially considering their Deval Patrick attack on the front page this morning. I'm always surprised when that right-wing fishwrap/bird cage liner happens to print something honest.

WTF