One of the key talking points of the Bush Legacy Project is 52 uninterrupted months of job growth (which in turn gets attributed to tax cuts). The fact that it all ended so badly is ignored. And here's good context on the claim from Niall Ferguson in the FT --
Looking back, we now see just how big a proportion of US growth since 2001 was financed by mortgage equity withdrawals. Without that as a means of financing consumption, the economy would barely have grown at 1 per cent a year under President George W. Bush.
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