If things were 'fine' before Obama, WHY did Congress pass the Troubled Asset Relief Program (TARP) in 2008?
Because government was lead by idiot liberals. You had Dumbocrat Nancy Pelosi controlling the House, Dumbocrat Harry Reid controlling the Senate, and RINO George W. Bush controlling the White House.
Thank you for proving for me once again the failed policies and spread-the-wealth socialism of the Dumbocrat Party.
Because government was lead by idiot spread-the-wealth, tax-and-spend-until-you-collapse Dumbocrats.
But more importantly, if things were not fine and we lost sooooo many jobs in 2008, why was unemployment
lower back then than it has
ever been under Obama?
You have moved way beyond a hack. You are an ignorant moron who can't face the truth.
Projection - it's what you Dumbocrats do best. The facts have shown you're a partisan hack. The facts have shown the policies you support collapsed the world economy. And the best part is, we both know that you
know it too. It's why you're so angry.
$7
trillion in reckless deficit spending under Barack Obama. Higher unemployment under Obama. More people in poverty under Obama. More people of food stamps than any point in U.S.
history under under Obama. And oh yeah, all of this after the Dumbocrats have spent over $2 trillion on their "War on Poverty" (which was designed to grow poverty and keep people there - and has been successful at
that).
Listen up sonny boy...I have been around since Harry S. Truman was in the White House. When liberals ran this country there was no debt to speak of. President Kennedy and Johnson faced the possibility of budget SURPLUSES. I lived through a good portion of the liberal era that started with the New Deal and ended with the Great Society. It was America's finest moment. It was an era with huge economic growth and shared wealth, fantastic successes in technology, vast expansion of citizen freedoms and liberties and the growth of a middle class that defined this country and made America the 'city on the hill', the envy of the world.
The last 30+ years have been dominated by 'conservatives'. It has been the biggest FAILURE in American history. It has been a negative mirror image of the liberal era. We now lead the world only in the dubious like incarcerating human beings, killing innocent people and launching Hirohito sneak attacks on sovereign nations.
The right wing cancer started with Richard Nixon and metastasized under Ronald Reagan, the traitor.
The run up to the collapse or our economy was almost a full DECADE of Republican control of the White House, the Senate and the House. The blame falls squarely on conservatives.
Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not. Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a 30-year conservative ascendancy."
Charles Krauthammer
"The debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
David Stockman - Director of the Office of Management and Budget for U.S. President Ronald Reagan.
"Grover Norquist has no plan to pay this debt down. His plan says you continue to add to the debt..."
Senator Saxby Chambliss (R-Ga.)
Old give 'em hell Harry had you right wing scum figured out way back in 1948...
"Republicans approve of the American farmer, but they are willing to help him go broke. They stand four-square for the American home--but not for housing. They are strong for labor--but they are stronger for restricting labor's rights. They favor minimum wage--the smaller the minimum wage the better. They endorse educational opportunity for all--but they won't spend money for teachers or for schools. They approve of social security benefits-so much so that they took them away from almost a million people. They think modern medical care and hospitals are fine--for people who can afford them. They believe in international trade--so much so that they crippled our reciprocal trade program, and killed our International Wheat Agreement. They favor the admission of displaced persons--but only within shameful racial and religious limitations.They consider electrical power a great blessing--but only when the private power companies get their rake-off. They say TVA is wonderful--but we ought never to try it again. They condemn "cruelly high prices"--but fight to the death every effort to bring them down. They think American standard of living is a fine thing--so long as it doesn't spread to all the people. And they admire of Government of the United States so much that they would like to buy it."
President Harry S. Truman - October 13, 1948