The Prosperity Index: Measuring the State of the Nation's Economy

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11 pages
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The Special Investigations Division of the House Committee on Oversight and Reform revealed a stark decline in economic prosperity since President George W. Bush took office. The Prosperity Index, which combines GDP growth, unemployment, and budget surplus/deficit, plummeted, accompanied by slowing GDP growth, rising unemployment, and budget deficits. Other indicators, like bankruptcies, foreclosures, job losses, and increased poverty, further underscore the economic downturn despite debates about the causes, including Bush Administration policies and external events like the September 11 attacks.
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