Quote:
Originally Posted by zimmy
We all know things could be worse. Well, those of us who were alive circa 2001-2009.  |
OK, so for the
entire period of Bush's 2 terms, things were worse than they are now?
Really?
Zimmy, how about we examine a few facts...
Unemployment...
Where can I find the unemployment rate for previous years?
At the start of 2007, unemployment was 4.6%. Today it's at 8.2%.
Zimmy, do you know what happened in January 2007? A new Congress was sworn in. A Democratic Congress that replaces the Republican congress.
I hear Obama talk about the mess he inherited. From whom? Yes, his presidential predecessor was a Republican. But in our system of government, the legislative branch sets the legislative agenda, not the executive branch. And from 2001-2006, when the GOP controlled the legislature, the economy was thriving. To be honest, the economy started thriving under the Clinton/Gingrich era, but it continued to thrive until the Democrats took over Congress.
Now Zimmy...please tell us, if it was all Bush;s fault, what Bush did to cause the subprime mortgage crisis?
He did that all by himself?
Barney Frank had nothing to do with it? The feds pushing banks to give $400,000 mortgages to poor people had nothing to do with it?
In 2007, what the Democrats inherited was a robust, thriving economy.