And they are all George Bush's fault.

Five years into a national economic recovery, the share of Americans living in poverty finally dropped.

The nation's poverty rate was 12.3 percent in 2006, down from 12.6 percent a year before, the Census Bureau reported Tuesday. Median household income increased slightly, to $48,200.

Individual earnings dropped for both men and women in 2006, but more members of each household worked, resulting in the overall increase in household income, said David Johnson, chief of the Census Bureau's Housing and Household Economic Statistics Division.

Remember -- the burst of the tech bubble in the final months of the Clinton Administration, followed by the Enron debacle (caused by lax enforcement and supervision by the SEC during the Clinton years) and 9/11 (again, brought on by lax Clinton terrorism policies) led to an economic downturn in 2001 and 2002. Tax cuts brought us out of that slump -- the Bush tax cuts opposed by the Democrats. Had we followed their policies, we would still be in the midst of an economic depression.

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