It's the Stupid Economy!
In other words, unemployment has been higher in all but 4 months of the president's six years in office and now we're back where we started. Not bad, considering the bumpy road the economy took post-9/11, but it still has an "almost-but-not-quite-as-good-as-Clinton" ring to it.
He used these figures in a generalized last-ditch effort to focus on the economy before the midterm elections. Look, look at the stock market go! Just don't ask about that housing market.
In the past couple of weeks, the GOP has dragged out the tired old argument that Democrats "want to raise your taxes". The fact of the matter is, no one wants to raise taxes. But you can't have runaway spending and huge deficits at the same time you have tax cuts unless you're passing the buck, literally.
The Republican-led government's profligate ways, coupled with the astronomical and ever expanding price tag for Iraq, make raising taxes inevitable. The Republicans, who pretend to be moral, refuse to either raise taxes or cut spending, preferring to live off the unwitting largess of our children and their children.
Bush, at least in theory, believes that the children are "blessed". He better be right, or else they're going to be starved into the Kingdom of Heaven thanks to the votes-above-everything immorality of the Republican Party.