whitehall
Diamond Member
Barry becomes responsible when the liberal stops kissing his ass.
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Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
.............snip....
We know the Bush tax cuts eliminated the budget surplus his administration inherited resulting in new deficits, exacerbated by an expansion of the size of government and new programs. But did it cause the December 2007 crash? Theres no way of knowing at this time. As with the Obama presidency, the GWB presidency will be evaluated and judged by later generations.
When the milk in my refrigerator starts to smell bad, I don't wait 10 years to throw it out.
On Monday, September 29, 2008, the stock market smelled like spoiled milk. Yet Presidential candidate John McCain smelled THIS : here was what he said leading up to that day:
"The fundamentals of our economy are essentially strong"
and over 50 million American voters chose to believe that.... even in November, 2008, when things had tanked, and those 50 million still voted for him, instead of the darker skinned guy with the funny name.
A few dozen of those Obama hating McCain voters seem to be here, still believing that McCain would have given them MORE tax cuts than Obama did, allowed all the banks and GM and Chrysler to fail and somehow miraculously saved millions more American jobs by ignoring GM and Chrysler, and bankrupting our economy sooner.
Some people, even as adults, seem unable to add two and two and get four.
You can hold your own opinion, folks, but you can't have your own cup of reality. Two and two are still four. We DID indeed have the worst recession since 1929, and McCain DID NOT see the problem that had come and set into the world economy, and still 50 million people voted for him. I haven't got a single clue as to why.
Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
Easy
any good news is because of him; any bad news is Bush's fault
The good thing is Papa Obama does have backup plan if his teleprompter breaks and he
has to talk about bad economic news (which seems more often than not)
they all play the blame game.
When things start working right...At what point does Obarn become responsible?
when did that happen. I see Obama taking responsibilty for things he has done right and wrong.
unfortunately the repubs went around and still are blaming Clinton for the current recession.
When is he going to be responsible? When he is shown the door.Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
When is he going to be responsible? When he is shown the door.Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
When is he going to be responsible? When he is shown the door.Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
when did that happen. I see Obama taking responsibilty for things he has done right and wrong.
unfortunately the repubs went around and still are blaming Clinton for the current recession.
what do you think there has been more of?
Republicans blaming Clinton, or Democrats blaming Bush?
Fuck off. The guy broke laws coming here...and continued to break our laws. Now YOU go overseas or down to Mexico and do the same thing and see what happens myophic oaf.When is he going to be responsible? When he is shown the door.Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
Spoken like a true commie.
Fuck off. The guy broke laws coming here...and continued to break our laws. Now YOU go overseas or down to Mexico and do the same thing and see what happens myophic oaf.When is he going to be responsible? When he is shown the door.
Spoken like a true commie.
I'm more of an American than YOU will ever be dumbass.
Analysis: Republicans Accepting Blame for Clinton Recession
Christopher Ruddy
Wednesday, Nov. 7, 2001
Bush says he inherited recession
Bush, Cheney take advantage of revised GDP data to say economy a mess when they took office.
How does one "inherit" a recession from a booming economy?
Analysis: Republicans Accepting Blame for Clinton Recession
Christopher Ruddy
Wednesday, Nov. 7, 2001
Bush says he inherited recession
Bush, Cheney take advantage of revised GDP data to say economy a mess when they took office.
How does one "inherit" a recession from a booming economy?
Anybody who was running a business on January 1, 2000 knows that the economy started to tank at midnight on that day.
Between the computer revolution, the Dot.Com Bubble and the Y2K scare, there was a perfect storm of boom times happening. At midnight on January 1, 2000, the computer systems world wide did not shut down and the boom started to end.
Every company in the country had a consulting firm and at least one techy weanie working there just in case the Y2K prophecy of doom came to pass. Most of these companies and all of these techy weanies were shut down and laid off by June.
By February, 2000, year over year sales measured month to month were down 10%.
The budgets that I turned in 4 months earlier were garbage. We got used to the "the new normal" in business as the 401 K's started to plummet and the warm fuzzies that everyone felt during the 90's became a cold slap in the face.
Things started to recover a tad and then the 9/11 attacks occurred.
By the Big 0 standards of today, those were boom times, but compared to the Clinton rate of normal, it was a recession.
All economic times are relative. Under the Big 0, we are relatively screwed.
When reviewing history, some recollection of fact is usefull.
Well…..Everything that happened the entire 8 years Bush was President was laid at his feet, INCLUDING the 4 years Congress was not controlled by the Republicans. Almost 3 years into Obama's Presidency and according to the same people he is not responsible for anything.
If we lived in an objective, non-partisan world we’d understand that presidents aren’t responsible for economic boom or bust.
But we don’t, so here we are.
Hoover may be the only exception to that – he became president in March of 1929 and the stock market crashed in October of that year; but it can be argued there was nothing much Hoover could do to avoid the Great Depression, even if he implemented New Deal-type policies.
It is therefore pointless and foolish to evaluate a president during his administration, as partisan subjectivity can get in the way of facts and the outcomes of many policies are not know for years – perhaps decades – later. Historians are just now getting an understanding of the Reagan years. And after more than 40 years historians have no consensus as to the LBJ presidency. Truman was hated and despised during his years in office but is considered now among our greatest presidents.
Therefore, anyone’s evaluation of Obama at this point is subjective, partisan, and meaningless. We’ll simply have to wait for historians to sort it all out years from now.
We do know Obama was not responsible for the December 2007 recession. We know Obama implemented the same programs and policies to address the crisis as advocated by the GWB administration and McCain; indeed, had McCain been elected we’d seen the same policies implemented.
We know the Bush tax cuts eliminated the budget surplus his administration inherited resulting in new deficits, exacerbated by an expansion of the size of government and new programs. But did it cause the December 2007 crash? There’s no way of knowing at this time. As with the Obama presidency, the GWB presidency will be evaluated and judged by later generations.