Bush's economic recovery

A recent article by Stephen Moore shows that the last recession began in Q3 of 2000, six months before President Bush took office. Democrats unfairly thrust job losses on to President Bush's shoulders, before any of the President's economic policies were implemented, calling it Bush's recession.

Fast-forward to today -- despite the economic impact of September 11 and the increased costs of fighting terrorism, the U.S. economy has grown about 33% faster than Europe's economy in the last three years. Since the implementation of the President's tax cuts last year, the DOW and NASDAQ are up roughly 15-20%. GDP, productivity and housing starts are up; unemployment is down.

It was never Bush's recession, but it certainly is his recovery.