I know you'll be shocked and surprised to learn that evidence suggests Bush, Cheney, & company lied extensively about Iraq and the economy/recession (and everything ELSE) but... well, I'll let Think Progress break the troubling news ::cough::
A new study by the Center for Public Integrity and the Fund for Independence in Journalism found that President Bush and his top officials issued 935 false statements about the threat from Iraq in the two years following 9/11. Bush “led with 259 false statements, 231 about weapons of mass destruction in Iraq and 28 about Iraq’s links to al Qaeda.”
A new Iraqi law said to “return former Baathists to public life,” could actually “set off a new purge of ex-Baathists, the opposite of U.S. hopes for the legislation,” according to “Iraqi lawmakers, U.S. officials and former Baathists.” At least 7,000 Baathists who have been allowed back into the government in recent years may lose their current positions under the new law.
In “private,” Federal Reserve Chairman Ben Bernanke “has expressed growing pessimism about the economy,” reportedly saying that “the first six months of this year will be “bad.” He also suggested that “there is better than a 50-50 chance for a recession” and believes the ensuing recovery will be “weak.”
“Many of the poorest people in the United States are still struggling to recover from the effects of a recession that ended six years ago, making them very vulnerable as the country stands on the brink of a new downturn.” In 2006, “12.3 percent of Americans were living in poverty, compared with 11.7 percent in 2001, the year of the last recession.”
The House has postponed votes on “criminal contempt citations against White House chief of staff Joshua Bolten and former White House counsel Harriet Miers” in order to foster “bipartisan unity” while working on an economic stimulus package.