(DOWNLOAD) "Full Faith and Bad Credit" by The American Conservative " eBook PDF Kindle ePub Free
eBook details
- Title: Full Faith and Bad Credit
- Author : The American Conservative
- Release Date : January 17, 2008
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 48 KB
Description
Until about six months ago, George W. Bush's presidency would have been deemed a failure primarily on account of the botched war in Iraq. Excepting a few prophetic naysayers, almost everyone agreed that the economy under Bush was modestly healthy, with growth rates averaging 2.5 percent over the course of his two terms and unemployment holding at a relatively low average of 5.2 percent. Remarkably, in the wake of the devastating attacks of Sept. 11, 2001, the economy did not slide into a recession--at least not officially. The stock market sagged dramatically in the immediate aftermath. But the economy quickly recovered, extending the longest expansion period between recessions, dating back 17 years. Some credit was due to the Bush tax cuts passed between 2001 and 2003.