ThinkProgress.org: President Bush issued a statement yesterday in which he heralded New Year’s day as “an opportunity to remember the events of the past and look forward with hope to the year ahead.” But as Bush looks forward to leaving office, the nation is stuck with the results of many of the Bush administration’s failed policies.
To mark the passing of Bush’s last full year in office, ThinkProgress rounded up statistics on some of the most significant effects of Bush rule in 2008:
- Number Of U.S. Troops Killed in Iraq: 322.
- Number Of U.S. Troops Killed in Afghanistan: 151.
- Number Of Jobs Lost: 1.9 million.
- Number Of Banks Federal Government Now Owns Stock In: 206.
- Number Of Uninsured Americans: 47.5 million.
- Change In Housing Prices: declined 18 percent.
- Change In Health Insurance Premiums: increased 5 percent.
- Change In Number Of Delinquent Mortgages: increased 75 percent.
- Change In Use Of Food Stamps: increased 17 percent.
- Change In Dow Jones Industrial Average: declined 35 percent.
- Change In Bush Approval Rating: declined 9 percent to 29 percent.
Paul Krugman noted recently that the Bush administration’s failings have often been obscured in the short-run because the White House was particularly effective at inventing an alternate reality that it then “impressed on the public.” In 2008, however, despite its repeated attempts to wish it away, the reality of its domestic policy failures caught up with Bush administration and the nation.
LSB: With Cornyn, McConnell, Boehner and the other GOP obstructionists and game players, as well as the lack-luster leadership of Reid and Pelosi, Obama has his work cut out for him.