John Boehner says Bush tax cuts created 8 million jobs over 10 years

During an interview on NBC’s Today show, House Speaker John Boehner, R-Ohio, offered some job-creation statistics to cast a favorable light on the tax cuts passed under President George W. Bush in 2001 and 2003.

Host Matt Lauer said to Boehner, "You talk about creating jobs. When the Bush era tax cuts were passed in 2001, unemployment in this country was 4.5 percent. Today it's at 9 percent, just down from 10 percent. So why are the Bush era tax ... Full Story »

Posted by Fabrice Florin
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Posted by: Posted by Fabrice Florin - Feb 20, 2012 - 10:22 AM PST
Content Type: Article
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Edited by: Fabrice Florin - Feb 20, 2012 - 10:56 AM PST

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Fabrice Florin
3.9
by Fabrice Florin - Feb. 20, 2012
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Patricia L'Herrou
4.0
by Patricia L'Herrou - Feb. 22, 2012

some interesting facts here on different measurements of comparison. it made me wonder about an impact of outsourcing for the two wars.

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Mike Henley
2.5
by Mike Henley - Feb. 22, 2012

While the story does provide statistics, their use is skewed to promote the view that unemployment statistics during the Bush era were not that good. The story fails to explore the impact of the 9/11 terrorist attack on the U.S. economy. It is worth noting that the attack hurt our economy, and at that time frame significant business changes were occurring. For example, the semiconductor manufacturing industry was seeing a shift from the Americas as the primary manufacturing center to the Asia Pacific.

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U.S. | Politics | Business | Media | Bush Administration | U.S. Congress | U.S. Economy | U.S. House of Representatives | Media and Politics | Obama Administration | Jobs
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