State Representatives Gather to Reflect on Bush Legacy On Same Day President Delivers Final State of the Union Speech

Manchester, NH – On the same day that President Bush delivers his final State of the Union address, local citizens including State Representatives Mike Brunelle, Bill Hatch, Pat Long, and Scott Merrick will hold a press conference on Monday, January 28th at the Legislative Office Building in Concord, NH at 10:30 am to reflect upon the impact the Bush Legacy has had on their lives of the people of New Hampshire. *See below ‘Then and Now’ document highlighting the staggering regression the nation has seen, both foreign and domestic, since President Bush took office in January 2001. According to a new nationwide Harris Poll, four out of five Americans (81%) think that the current state of the country is fair or poor while just 19 percent think it is excellent or good. Just two percent of Americans think the state of the country is excellent. Last year at this time, three in ten (31%) thought the state of the country was excellent or good while 69 percent felt it was fair or poor.

From massive ‘tax cuts for the rich’ that never managed to trickle-down to regular working Americans as the nation now heads into a full blown recession, to leading the nation into the quagmire in Iraq that has no end in sight at extraordinary cost in American lives, treasure and priorities like education and healthcare here at home – President Bush’s policies have been a disaster. Bush’s legacy is one of rising unemployment, rising healthcare costs, rising college tuition, a mortgage crisis, millions more Americans without insurance, the largest increase in inflation in 17 years, gas prices hovering around $3 a gallon, a weak dollar, a $167 billion budget deficit, and a $9.2 trillion national debt – a legacy that will burden our grandchildren for decades to come.

WHO: New Hampshire State Representatives Mike Brunelle, Bill Hatch, Pat Long and Scott Merrick

WHAT: NH Representatives Gather to Reflect on Bush Legacy On Same Day President Delivers Final State of the Union Speech

WHEN: Monday, January 28th, 2008, 10:30 am

WHERE: Legislative Office Building, Concord, NH

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THE LEGACY OF GEORGE W. BUSH’S PRESIDENCY

 

The Country He Inherited, The Country He Leaves Behind

 

 

THE ECONOMY

 

 

 

JANUARY 20, 2001

 

TODAY UNDER BUSH

 

REAL GDP GROWTH 1

 

4.09% Over Prior 8 Years

2.65% Over Prior 7 Years

NATIONAL DEBT 2

 

$5.7 Trillion

$9.2 Trillion

BUDGET DEFICIT/SURPLUS 3

 

$431 Billion Surplus over the Previous Three Budget Years

$734 Billion Deficit over the

Previous Three Budget Years

NEW PRIVATE SECTOR

 

JOBS CREATED 4

 

1.76 Million Jobs Per Year

Over Previous 8 Years

369,000 Jobs Per Year

Over Previous 7 Years

AMERICANS IN POVERTY 5

 

31.6 Million

36.5 Million

QUALITY OF LIFE

 

JANUARY 20, 2001

 

TODAY UNDER BUSH

 

AMERICANS UNINSURED &

 

CHANGE IN UNINSURED LEVEL 6

 

38 Million Uninsured

4.5 Million Less in 2 Years

47 Million Uninsured

8.5 Million More in 6 Years

ANNUAL TOTAL PREMIUM COST 7

 

$6,230 for Family Premium

$12,106 for Family Premium

MEDIAN HOUSEHOLD INCOME &

 

CHANGE IN MEDIAN INCOME 8

 

$49,163

$6,000 Increase in 8 Years

$48,023

$1,100 Decrease in 6 Years

PRICE OF GAS 9

 

$1.39/Gallon

$3.07/Gallon

COST OF COLLEGE 10

 

$3,164 per year

$5,192 per year

PERSONAL SAVINGS RATE 11

 

+2.3%

-0.5%

CONSUMER CREDIT DEBT 12

 

$7.65 Trillion

$12.8 Trillion

UNITED STATES & THE WORLD

 

JANUARY 20, 2001

 

TODAY UNDER BUSH

 

U.S. TRADE DEFICIT 13

 

$380 Billion

$759 Billion

STRENGTH OF U.S. DOLLAR 14

 

1.07 Euros per Dollar

0.68 Euros Per Dollar

COMBAT READINESS 15

 

All Active Duty Army Divisions Were Rated At The Highest Readiness Levels

Not A Single Active Duty Or Reserve Brigade In The U.S. Considered “Fully Combat Ready.”

FOREIGN OIL DEPENDENCY 16

 

52.75% of U.S. Liquid Fuel Consumption is Imported

60.38% of U.S. Liquid Fuel Consumption is Imported

VIEW OF AMERICA ABROAD 1 7

 

PEW POLL OF TEN NATIONS

 

58.3% Viewed

America Favorably

39.2% Viewed

America Favorably

 



1 Bureau of Economic Analysis

2 Department of Treasury

3 Congressional Budget Office

4 Bureau of Labor Statistics

5 United States Census Bureau

6 United States Census Bureau

7 Kaiser Study of Employer Health Care Benefits

8 United States Census Bureau

9 Energy Information Administration

10 Higher Education Coordinating Board of Washington State

11 Bureau of Economic Analysis

12 Insurance Information Institute

13 United States Census Bureau

14 OANDA.com: The Currency Website

15 Speaker of the House Fact Sheet, 11/29/07

16 Energy Information Administration

17 Testimony of Andrew Kohut; President, Pew Research Center; 3/17/07