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The Prosperity Index: Measuring the State of the Nation's Economy
House Committee on Government Reform Special Investigations Division
House Committee on Government Reform
Special Investigations Division
Abstract
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.
Date
2002-10-17
Document Type
House Minority Staff Report
Serial Number
Document Length
11 pages
Congress
107
Relation
DOI
Keywords
Staff Reports
PAP Major Code
13: Social Welfare
PAP Minor Code
1300: General