MarcATL,
Please do a little homework on what Clinton did:
(1) Review the Carter ERROR Community Reinvestment Act and what it forced Banks to do
(2) Review the Powers Clinton gave to Fannie Mae and Freddie Mac to great a secondary mortgage market
(3) Read about the barriers to our market that Clinton tore down for China and how he propelled them into the WTO and its disastrous effects to our manufacturing sector.
(4) See NAFTA's disastrous effects on our manufacturing sector
(5) See how Clinton made student loans nondischargable and skyrocketed expensive, but affordable college tuition to unaffordable except the to very rich! I mean nowadays even the shit colleges cost $50K a year! It was a direct cause of this stupid legislation.
(6) See the effects of Clinton taking down the Glass-Steagall Act - A great FDR regulation that saw too much of a conflict of interest between commercial and investment banks.
Bush ignored the building of the bubble that started under Clinton, but grew under Bush. Economist and YES even Ron Paul screamed that an artificial bubble was growing and it's going to be devastating on economy when it bursts as far back as 2000 (before Bush took office). Bush didn't nothing to stop it, very true: (1) He was a bad President (people shouldn't forget that), (2) He was preoccupied with the War on Terror (3) The economy was great - high GDP growth, low unemployment, booming house sector, HOWEVER, this was all built on an artificial housing market bubble.
Bush allowed it to build, but Clinton started the snowball down the hill and Obama is making it worse!
I mean for crisis sake Obama is a liberal, why is he NOT taking on China? I mean he is bought and sold by the unions, but he can't do one good thing and fight the trade war with China? Well cowardness comes with liberalism also.
That's much closer to the truth than what we currently hear from the right, including many self-proclaimed Tea-party people/supporters.
They've kinda admitted it with their "Obama made it worse" meme, but that's still not the truth.
Bush and his cronies wrecked the economy so bad it will take a lot more than just Obama and/or 4 years to properly repair it.
This is why I can't and won't take tea-party people seriously. Not the ones who constantly put out the message that Obama made all things bad all of a sudden, which just happens to be just about all of them.
The right will always spin and twist and attempt to wiggle their way out of responsibility, just like they did when they absolutely abandoned Bush after staunchly supporting him for 7 years straight.
This isn't the party that Reagan would recognize, although it is the party that Reagan created.