- May 20, 2009
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How can anyone back a parety that cerashed the world economy twice in one lifetime and refuses to take the responsibility for what their historically failed ideas caused
For once we agree: FDR and Obama ran 2 of the worst economies in the history of the world, I don't see how people can ever supports Demoratics.
Both inherited economies that were trashed by the Republicans. FDR went on to be one of our top three presidents.......Obama, we shall see
The Hoover economy was crashed by a Federal Reserve that shrunk the money supply by 1/3 and stood idly by while the Bank of United States collapsed. The FDR Depression lasted for 7 years and only ended when Hitler conquered France in 1940
The Bush economy crashed when Fannie and Freddie pulled the entire US residential housing market down with their No Income No Asset underwriting standards. Obama had 3 years of 8% unemployment, and annual trillion deficits