Bush Economy Nears All-Time Record

The American economy added 132,000 jobs in June, extending the unbroken streak of job creation to 46 months, dating back to September 2003.  Unemployment held steady at 4.5%.  The Bush economy eclipsed the tech bubble-fueled Clinton record of 33 months more than a year ago and is now one month closer to the all-time record of 48 months, set jointly by Reagan and Bush 41 between 1986 and 1990.

Once again, it's worth pointing out the breathtaking coincidence that 1986 was the year of Reagan's boldest tax cuts, while 2003 was the year of Bush's boldest tax cuts.  The ones that Congress still needs to make permanent, lest they expire in 2010.  The ones that the Baucus-Grassley bill aims to usher into partial early retirement.

Previously:
45th Consecutive Month of Job Growth
43rd Consecutive Month of Job Growth