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Of course not...we are saying Republicans are assholesIf Bush stabilized the banks and auto companies why were they still failing when Obama took office?Kewl story, bro.You can't deny economic historyI take that as your concession that it was the worst collapse in 75 years.
What did Obama do?
The collapse was caused by a panic. The banks were going to fail. A depression was going to happen. Everyone was pulling out their money.
Obama made it clear the U.S. Government would stand behind the banks and auto companies. While everyone else was pulling out money, Obama was putting money into the economy
When Obama did this, the panic subsided. Now, they looked at a market that was underpriced and started buying again
Obama stopped a depression
Total bullshit. Obama made a small problem into a big problem. He fixed nothing. Everything he did made things worse. But he did save the UAW, so the money will continue to flow from union members to the union bosses and the dem party.
The guy has been a total failure. Worst president in history.
Our economy was in collapse and investors were in a panic. Obama standing up and putting the force of the U.S. Government behind our economy stopped the panic. Investors started buying again
IN fact Bush had stabilized the banks, the stock market was recovering, confidence was returning. Then Obama decided not to let a crisis go to waste.
The same Republicans who supported TARP and borrowing under Bush demanded economic austerity under Obama
did anyone say that everything Bush did was right? Nope.
One set of economic principles for Bush, economic austerity when Obama becomes President