Likewise, after the 2003 tax cuts, the unemployment rate fell to the lowest level since World War II. Let me repeat that: the Bush economic program created the lowest unemployment level ever. In fact, economists liken it to full employment given the demographic composition of those who were left on the unemployment line.Wow. Bold and impressive claim.
Someone please remind me to call the Bureau of Labor Statistics tomorrow and tell them to correct their database. Look at how they've screwed things up.
(Click through for larger chart if you need to scrutinize the two troughs more closely.)