So then if it was the worse economic collapse, why wouldn't it also be the worst recovery?
If we honestly assigned blame for the government contribution to the bubble, liberals deserve much, much more of the blame than conservatives.
No they don't. Not at all. There was no bubble until you all made one in 2004 by reducing lending standards for subprime loans. And you made that bubble for one reason and one reason only;
to cover for the fact that the tax cuts did not deliver on any of the promises made of them. From the time they were passed to the time the subprime bubble started, Bush lost net 841,000 private sector jobs in just 3-4 years. Because the economy is the #1 issue with voters any election cycle, Bush and the Conservatives knew that a floundering economy would cost them re-election. So they hastily and sloppily cobbled together a subprime bubble beginning in 2004 to give the illusion the economy was growing as a result of the tax cuts when it was really growing because of debt.
Bush even tied his tax cuts to the housing market while campaigning in 2004. From
Fox News, March 26th 2004:
Touting his tax cuts as the economy's savior — and pointing to the strong housing market as proof — Bush said "more people own their own home now than ever." More than 50 percent of minorities owned their own homes in the last three months of 2003 for the first time ever, the president said.
So Bush said the growth in the housing market was due to his tax cuts. Which means the subsequent
collapse of the housing market was also due to his tax cuts. Hence, Bush's Tax Cuts are to blame for the mortgage bubble just as his shit Conservative policies of deregulation were too.
If you're going to lay the blame on liberals (who weren't even in power from 2003-2007, the same years the bubble appeared and popped), then you have to give them credit for the economic gains from that bubble. But I'm sure you're not willing to do that because then what do you have to show for 8 years of trickle-down hackneyed Reaganomics? Nothing.
Sure. What was his average economic growth compared to Bush?
The same - 1.76%.
Only difference is Obama's economy wasn't fueled by debt, as HH-debt-to-GDP declined (after skyrocketing during Bush), and Obama created jobs whereas Bush and the Conservatives lost jobs.
My net worth has never been higher.
Don't believe you. Not something you can prove. Relying on the "take my word for it" approach to debate. Bullshit cowardice.