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Monday, January 26, 2009

The Atlantic: Why the Bush Years Weren't So Bad

Steven Landsburg at the Left-leaning The Atlantic pens this surprising headline and explains:

Start with this: You are better off than you were four years ago. After adjusting for inflation, the average American earns about $2500 a year more today than on the day of W's second inaugural. That same average American now spends a little less time at the office or on the assembly line, and a little more time on vacation or on the couch. He or she shops online for products that were unimaginable just four years ago. (How many of you read this morning's paper on your Kindle or iPhone?) The air is cleaner than it was a decade ago and life expectancy is up.

Landsburg then says that presidents don't really deserve the credit for economic success because this is the way things typically go. Still, this is heresy for the Left.