More Good Economic News

For those of you, and there are many, who still think that Bush has mismanaged the economy, behold.

Reuters reports:

Output from U.S. factories, mines and utilities rose 0.6 percent in March, slightly more than expected, as capacity use reached its highest point in 5-1/2 years, the Federal Reserve said on Friday.

Capacity utilization, a measure of how close to full potential factories, mines and utilities are running, rose to 81.3 percent from a downwardly revised 81.0 in February, marking its highest level since reaching 81.5 percent in September 2000.

The Fed said output from the nation's mines rose 0.9 percent in March after falling 0.7 percent in February, while manufacturing and utility output both gained 0.5 percent.

Yep, employment is at historically high levels. So is productivity. Inflation continues to be under control. The housing bust never happened. The recession, thanks to Bush’s policies, was one of the mildest and shortest ever. Now manufacturing is hitting new highs. There is a tremendous growth in high level, high-paying jobs. And this year there were more new job openings than there were college graduates. And still, people persist in believing that the economy is in bad shape.

Go figure….