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From Sam Stein on Bush economics:

On Monday, the Dow finished lower than when George W. Bush assumed the
presidency: 10,587.59 on January 19, 2001 compared to 10,365.45 at its close
on September 29, 2008. 
NASDAQ, the American stock exchange, too, was lower now than it was when
Bush took office: 2770.38 on January 19, 2001 compared to 1983.73 on
September 29, 2008. The dollar exchange with the Euro was lower than when
Bush was elected: 1.068 on January 19, 2001 compared to .695 on September
29, 2008.

Some things have risen, but not the good economic indicators. The Consumer
Price Index was at 175 on January 19, 2001 and 219 by September 29, 2008.
Unemployment, meanwhile, stood at 4.2 percent when Bush came into power.
Today, it is at 6.1 percent.

"It's a striking phenomenon," said Robert Shapiro, undersecretary of
commerce during the Clinton White House years. "The reckless negligence and
mismanagement of the country's financial markets by the White House, the
Treasury and the Fed over the last several years has now produced a crisis
that has wiped out all of the increase in the market value of America's
companies from five years of record corporate profits, strong productivity
gains, and reasonable growth. Bush has now run the table on presidential
failure."

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