Faun
Diamond Member
- Nov 14, 2011
- 126,661
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"First of all, the downturn under Jimmy Carter in the late 70's was way worse, so spare us the political slogans.You seem to ignore the fact that Obama inherited the largest financial downturn since the Great Depression
First of all, the downturn under Jimmy Carter in the late 70's was way worse, so spare us the political slogans.
Second, the downturn under Bush was the Democrats fault, Obama made it worse, and the turnaround began with the election of the GOP Congress which put the brakes on Obama's extremism. And even then, Obama's stupidity kept the rebound from happening. Jobs created under Obama were part time crap jobs, worthless. TRUMP brought back real jobs and the booming economy.
The biggest propaganda lie ever concocted and foisted upon the American people is the lie that Bush caused our economic crisis. He did not.
Before the Democrats took Congress in 2007 unemployment was 4.1%, gas was $1.70 a gallon, and the economy was expanding.
Then the Democrats took Congress in 2007 and promptly destroyed the economy. When Obama became president in 2009 he made it twice as bad.
Let’s do a little math here:
Bush was president for 8 years, from 2001 to 2009.
As I said, in 2007 unemployment was 4.1% and the economy was expanding. That is SIX years into the Bush presidency mind you - SIX OUT OF EIGHT. (And BTW: 4.1% is almost perfect since there is no such thing as a 0% rate.)
Now, can anyone explain to me why the first six years of the eight-year Bush presidency was just fine, and then magically, when the Democrats took over Congress, the economy tanked? Simple: The Democrats took power. When they took power they pushed their social engineering policy of trying to let minorities who wants to own a house own a house whether they could afford it or not. All the bad loans the banks made, they were browbeat into that by the Left. And THAT was the first domino in line to fall.
As I said: The biggest propaganda lie ever concocted and foisted upon the American people is the lie that Bush caused our economic crisis. In fact, Democrats did, with policies that can find their genesis in the Clinton years
LOL
Time and time again you demonstrate sheer ignorance.