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Some of it, yes. An economy does not change overnight. It takes months, maybe even years for the full effect of bad policy to show up. Obama has been adding on his own bad policies that hurt the problem more, but it definitely started with Bush.
I have to disagree. It started long before Bush. Neither side is blameless in this financial disaster.Originally Posted by Ridge
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11/04/1994 - 12/23/2010
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Some of those stats are misleading. For instance taking the figures at the end of Bush's term would be considered unfair due to the recession at that time.You need to average it out over their time in office and go by that.
Don't get me wrong, Obongo is still a joke, but so was Bush.
True, but perception is reality to many Americans. These kind of figures, while mostly anecdotal, are what so many folks see - so in that regard it is true.
"...quemadmodum gladius neminem occidit, occidentis telum est." [...a sword never kills anybody; it's a tool in the killer's hand.] -- (Lucius Annaeus) Seneca "the Younger" (ca. 4 BC-65 AD)
“I regret that I have but one life to lose for my country.” ~ Nathan Hale (final words before being hanged by the British, September 22, 1776.)
If at first you don't succeed -- skydiving is not for you
Wait till Fitch and Moody downgrade the credit rating.....
Currently Nikkei, KSE, NZX, ASX down. European market to follow.
Many times, when we criticize the Big O, people on the left want to say that "our guy" (meaning Dubya) was just as bad. What they don't appreciate is that many of us on the right were as anxious for Bush to leave office as they were, though for entirely different reasons.
Bush spent money like a drunken sailor. Witness his last budget with a $500B deficit.
I don't know what to compare this current clown to. I want to say that he spends like a drunken Democrat, but that gives a bad name to the people who still think like the old-time Democrats. But in 2 short years, the deficit has tripled from the God-awful levels of Bush to $1.5T. I did the math once. If every man, woman and child in America was to pay for that deficit over the course of one year, it would be about $450 per month. And that's just the current deficit; it wouldn't pay any of the other bills, and it wouldn't pay a penny toward the debt.
I think we're screwed, especially if the Community Organizer of the United States (COOTUS) gets another term.
Dan
Flying an airplane is just like riding a bicycle; it's just a lot harder to put cards in the spokes. - AIRPLANE! - 1980
Blinkin! Fix your boobs! You look like a bleedin' Picasso! - Robin Hood: Men in Tights, 1993
Never underestimate the power of stupid people in large groups. - November, 2008
What I've taken to saying is that Bush being a crappy President doesn't mean Obama should be, too. The first half of that statement really screws up the lefties.
Obama had choices when he took office.
He could have chosen to depart from Bush policies - this would have been the best course of action.
He could have chosen to continue Bush policies on the same scale as Bush.
He could have chosen to continue Bush policies on a larger scale than Bush.
Obama chose in continue failed Bush policies at a much larger scale. We're watching the train wreck.
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