Friday, March 27, 2009
It's Official: Bush Joins The Ranks Of Herbert Hoover
It's now official-- write another chapter on the Bush legacy and turn the page. Now that all economic statistics are in for the economy's fourth quarter performance, it's fair to say that the final three months of 2008-- the end of the Bush presidency-- will go down as the worst quarter for the U.S. economy since the Great Depression. In terms of the things that matter most -- output, income, wealth, profits, foreclosures and job growth -- the fourth quarter was a disaster. Just like Bush's presidency. Worst. President. Ever.
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