5.09.2005

Speaking of Mr. Bush and Education: Here's His Report Card (and it's Bad)

Thanks to Cookie Jill at Skippy International (gee, we're not even national - we barely fill my office chair, in fact) for pointing this out. And yes, it's in RED here for a reason.

the center for american progress issued a report card for president bush.

the numbers below are for 2000-2004

the financial markets
s&p 500 -15%
nasdaq -36%
dow jones -5.3%

consumer income and expenses and standard of living
price of a gallon of gas +46%
real value of the minimum wage -7%
median household income -4%
average cost of 4-year public college +24%
poverty rate +11%
americans filing for bankruptcy +33%
annual increase in prescription drug prices (from 4.1% t0 6.8%) +68%
number of americans without health insurance +18%

federal finances
federal debt +39%
monthly trade deficit +75%
annual trade deficit +53%

the dollar
dollar versus euro -30%
dollar versus yen -11%

consumer debt
home mortgage borrowing +100%
total outstanding consumer debt +28%
household debt as a percentage of assets: +20%
household debt as a percentage of gdp +21%
The real beauty is that HE fails and we're the one who has to stay after class and work through summer school.