Why did the economy tank (even when averaged over 8 years) under George W Bush?

heres a news flash.. why was most everyone who wanted to work making money up until about 5 months before obooma got elected?

im in the trucking business.. pretty much ground zero for the

economy...

out of the 23 main customers i haul for.. 8 of em about 4 months ago

closed up shop and layed off everyone.. moved their company to other less taxing countries..

3 more have done it just recently..because they know whats coming

every wonder why other countries hate republicans?

its because when democrats rule... they get all the jobs for their people

No Bush did not do all the things Conservatives say grow the economy and if you listened to anything out side of main stream media you would have heard the criticism of Bush left and right on his economic policies and and big government growing self – hence the reason we call him neocon but I guess you can just keep drinking the Kool-aid the media gives you and be willfully ignorant in that bliss

Well your right in some aspects but worng in others. There was great Growth for the US in the first 6 years, Unemployment was at an all time low of 4.5%, personal income up higher than ever, minimum wage increased to its highest mark, the manufacturing and service industry was at an all time high in decades, the stock market is Twice what it was under Clinton, first time home owners and buyers was the highest ever, the housing market sky rocketed (until the Individual over extended themsleves by taking sub-prime loans with no investment) the working wage went UP not down, then we got a Democrat Congress and the oversight of Barney Frank and Chris Dodd and things went to hell because of their LACK of oversight! No go back to your kool-aide and quit bothering the rest of us!

I'm leaning strongly toward the theory that America must be bankrupted in order to create a global government, even though I do not adhere to conspiratorial theories by any means but there remains no other, rational explanation for a President being so hopelessly lackadaisical while in office. How else can one rationalize the doubling of an already boated deficit while taxing those who could afford it most and sent the most jobs overseas the least? It makes no fundamental sense even by their own supposed policies. Bill Clinton balanced the budget and while we did suffer a 9-11 attack the actual damage to our economy was minimal when compared to the tactics employed to address the threat.

Dubya, more than his father, was a strict adherent to Reaganomics and his infamous "trickle-down theory" of economics and deficits be dam*ed. The current crisis was a perfect storm (sorry for the cliche) with the real estate meltdown, credit crunch, and Wall St./banking debacle. Coupled with two three trillion dollar wars, massive deregulation, and unbalanced tax cuts to the wealthiest 1%, most of us knew this was on the horizon as early as 2002.

Tiny tax cut, nothing like the one JFK sign.

To bad the Balance Budget Amendment was stopped by the DNC.

Are you aware the percentage increase in job was greater under Reagan than Clinton and Clinton had the advantage of starting with a growing Economy which he ended Before he left office.

I remember Carter and NOT being able to get a job.

Hard to assess. Not defending Bush, but a lot economists will say it can take years before effects of economic policy is entirely felt. For all we know Bill Clinton set Bush up for failure. If the economy magically gets wonderful under Obama within a couple years - I doubt it will be due to his current policies. Economy doesn't work like that.

that is annoying to particularly be attentive to a president's successes until years later on. we would desire to attend and notice what happens to Iraq a decade from now to particularly be attentive to if it became a success. different than the Iraq he failed miserably in Afghanistan and in coping with the economic device. i don't understand people who says he killed a brilliant style of terrorists whilst usa has greater enemies now earlier we went to war. As of precise now we'd be headed for a 2d melancholy and are dropping 2 wars.

And I'm sure that it's only a coincidence that the economy started to TANK immediately following the democratic win in the House and Senate! (how quickly people forget that it's CONGRESS that makes law in this country, not the president)

Liberal revisionist history! look out!

Democrap's have started more wars and funding was never an issue. We are attacked on 9/11 and retaliate on one country and liberate another and all you libs freak out? Hypocrites!

especially when people like John Kerry and John Edwards voted for war!