American Thinker: The Last Two Years
Rated • 3 reviews • politics • americanthinker.com
In December 2006, after six years of Bush and the last month before the Democrats took over both houses of the national legislature, a snapshot of our economy looked like this.
* Unemployment stood at 4.4%.
* Real GDP growth over the previous four years (under a Republican President, House and Senate) averaged 3% per year.
* A gallon of regular gasoline cost $2.30.
* The S&P 500 stock index stood at 1418, or 84% above its post-911 low and more than 7% higher than when Bush took office.
* Every year of Bush's Presidency, real (inflation-adjusted) disposable income per person went up. By the end of 2006, the average person was making 9% more in real terms than before Bush became President ."

