Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post - How did the GOP drive the car into the ditch?

Jim in CT · 11-04-2010, 12:50 PM

OK, so I keep hearing Obama and his liberal ilk say that the Republicans are at fault for the economy, and that poor Obama simply inherited that mess.

Can someone explain that? The Dems took over Congress in January 2007. At that time, unemployment was at 4.6percent, and the Dow was at 12,600. Seems to me, what the Dems "inherited", was a thriving economy.

The subprime mortgage crisis, including the packaging and selling of the mortgages, caused this mess. Not low taxes.

11-04-2010, 12:50 PM	#1
Jim in CT Registered User Join Date: Jul 2008 Posts: 20,428	How did the GOP drive the car into the ditch? OK, so I keep hearing Obama and his liberal ilk say that the Republicans are at fault for the economy, and that poor Obama simply inherited that mess. Can someone explain that? The Dems took over Congress in January 2007. At that time, unemployment was at 4.6percent, and the Dow was at 12,600. Seems to me, what the Dems "inherited", was a thriving economy. The subprime mortgage crisis, including the packaging and selling of the mortgages, caused this mess. Not low taxes.