The New Old Economy For The Mentally Challenged

The latest revisionism going on by Republicans is a real eye-opener. Now the party line is that the economy taking a dive had nothing to do with George W. Bush. It was humming right along until the dreaded 110th Congress was elected in 2006. I’ve now seen several reliably full of crap Congressional members and pundits put this one forward. The only problem with it is that the economy was already dropping like a rock by the time they took over in early January 2007. When they came in the Dow was at just over 12,000 down from it’s high of over 14,000. Nice try.