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Bush Joins the Likes of Hoover in Presiding Over Faltering Economy

June 12, 2008

For seven years Americans have endured the failed economic policies of President Bush---policies that have favored the wealthiest few and the big corporations at the expense of the middle class and those aspiring to reach the middle class.

Last week, for the fifth month in a row, we learned that the Bush economy had lost more jobs than it created.  This unimpressive economic record is once again drawing comparisons to that of another Republican President----Herbert Hoover.  President Bush has the worst job creation record since Herbert Hoover, who presided over the stock market crash and led our economy into the Great Depression. 

And just like Herbert Hoover, President Bush refuses to take the necessary action to begin to turn this economy around and to help those that are suffering most.  

History is not going to be too kind to President Bush when it comes to his handling of our nation's economy, but this week he has an opportunity to work on that record by supporting our efforts to extend unemployment benefits to millions of our nation's workers.  It's the right thing to do.