Those who have studied economics know that data is the most important part of any consideration. Talk is cheap. Data is all that counts. In that spirit, I offer this small contribution, which explains in one word the basis for estimates of our economic condition.“Our economy is the healthiest it has been in three decades.” (President Bill Clinton, State of the Union Address, January 23, 1996)“The bottom line is that this administration is the owner of the worst jobs record since Herbert Hoover.” (Senator Charles Schumer, Press Release, March 7, 2008)The difference ?
President’s Party Affiliation
1996-Democrat 2008-Republican