Republicans caused the GREAT DEPRESSION, Raygun caused a recession, Shrub Jr. caused the GREAT RECESSION. FDR brought us out of the GREAT DEPRESSION, Clinton gave us the greatest economic boom in history, and Obama has been cleaning up Shrub Jr.s economic collapse.
Now it's your turn to list three dems that caused a recession, and three cons that brought us out of them. Bet you can't.
The question here is whether you know less about history or economics...
Okay con, give the link that refutes my post, or you are just a lying piece of shit.
Here's my links to back up my post......
When Was The Great Depression?
In the United States, the Great Depression is associated with Black Tuesday, the stock market crash of 29 October 1929, although the country entered a recession months before the crash. Herbert Hoover was then President of the United States.
In the United States, the Republican Party was the dominant force from the Civil War to the Great Depression. In 1932, Americans elected Democrat Franklin D. Roosevelt ("New Deal"); the Democratic Party was the dominant party until the election of Ronald Reagan in 1980.
What Caused The Great Depression : Political History - The Great Depression
What we can say with certainty is that Clinton served as president during the last eight years of a decade-long economic expansion that stands as the longest boom in U.S. history. Clinton saw a gain of nearly 21 million jobs during his tenure (January 1993 – January 2001).
Clinton and Economic Growth in the ?90s
1. Deregulated Wall Street: It was a great time to be a Wall Street executive during the Bush administration. Sweeping financial deregulation helped build the housing bubble and allowed financial institutions to pursue risky trades unchecked. In fact, Bush eliminated the rules that allowed Wall Street to cause the financial crash that plunged the nation into the Great Recession.
2. Cut Taxes For The Wealthy:
3. Ran Up A Tab On Two Wars:
4. Left Homeowners In A Lurch: While Bush was happy to help out the banks in the wake of the housing crisis, he did little to assist struggling homeowners. Hope For Homeowners, Bush’s proposal to assist those struggling with their mortgages, was a colossal failure; in its first six months, it helped just one homeowner renegotiate his mortgage. Many mortgage holders — 15.7 million or, one in three — are still underwater today.
5. Weakened Workers: Bush weakened worker safety regulations and collective bargaining rights
5 Reasons Americans Are Right To Blame Bush For The Economy | ThinkProgress