A post by Paul Krugman on his blog explains why even the good times just weren't that good under Bush II: the jobs were never really there. This achievement, mind you, is the result, of exactly the same policy of tax breaks and stimulus checks that Republicans in Congress, as well in some Governor's offices and state legislatures, have been pushing as the cure for current economic problems. Not that this is much of a policy: if the government gives back money without asking for anything in return, one can't claim that much thought has put into the plan except for the part about giving away the money. Admittedly, Bush II's first tax cuts had had some thought put into them: priority for giving back money was given to the wealthy.
There are perhaps more articulate or at least longer explanations that could be given for these policies, but they would obscure the one characteristic of Bush II's policy initiatives: their consistency in asking for no actions.
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