L’économie américaine sous l’Administration Bush

This article surveys the performance of the US economy over the eight years of the Bush Presidency. Under the Bush Administration and after a year of recession following the bursting of the internet bubble, the American economy enjoyed six years of expansion. This expansion was stronger than in the other G7 economies, thanks in particular to higher productivity growth and a very supportive monetary policy. However, it was the source of several imbalances which weighed on the situation as the Bush Presidency was drawing to a close.