Under President Bush we had a very manageable and easy to recover from recession. But Obama has taken us to a point of no return!
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{ 24 comments… read them below or add one }
He had good start thanks to Bush. “MANAGEABLE” under Bush?!?! Are you kidding. That’s a joke. Spoken like a true Republican. Are you forgetting George created this avalanche of financial disaster….
“Under President Bush we had a very manageable and easy to recover from recession”
That he created.
If the recession was so recoverable, why didn’t it?
Not true.
The Media was saying things were bad.
For example:
Most of the “bad” mortgages were in 35 counties of the US.
(Illegals got many and sent the money home).
We have been hoodwinked by the government and media.
We may be in the later stages of a recession now - but I know a local company that just got 20 new tractor-trailers and those things aren’t exactly cheap.
92% of people are working and this would be normal in the 70’s and 80s.
By listening to the Right…
no, we did not have a manageable recession. you have no clue what you are talking about. and the down slide began under clinton and bush did nothing to stop it.
That’s what happens when you spend like a drunken sailor.Peace
well he hasn’t even been president for 4 months so i doubt he’s causing it to get worse. they just signed the new bailout so nothing has been done yet. how is he making it worse?
correct. but this is the “change” people voted for. the guy can’t even keep a few of his promises.
Your name really says it all.
You right wings crack me up.
Remember when the only things that liberals had to complain about was the war in Iraq? People seem to foget that before democrats took control of congress, that things in this country were JUST FINE.
Its not hard to do if you increase deficit, increase taxes, increase capital gains tax, increase taxes by cutting deductions, pile on pork spending, propose carbon tax, on and on..
This mess cant be an accident on his part, its the path he selected. Wait a year or two till it gets bad…
What? Pumping billions into AIG, Bear Stearns, TARP, Stimulus, etc
That was all under Bush in 2008. How well did it work out?
They weren’t just fine. People were touting this collapse almost 4 years ago. Nobody wanted to listen.
The market went from 14400 in 12/2007 to ~9000 by 9/2008. Its gone down an additional 2500 points since then.
Its been tanking for some time now.
He divided us, kept us in the dark about his vague policies, threw in a bunch of pork and about 9,000 earmarks (again he lied to us) and when it was clear that he had no solutions other than to blame Bush, the stock market freaked out and we lost 35% of our money since election day.
Watched an interview with Donald Trump. He calls this a depression, and the only difference between now and 1929 is that the Government is giving the banks money. Since Obama took office, the market has dropped 27%. He has spent 1.2 trillion. What do we have to show for it? Obama and his Socialist ideology is going to thrust us into civil war.
We are not in a full fledged depression. The banks have not failed across the board and the Stock Market has not crashed. However, if the trends do not change soon we may well be headed for one in the near future. The only thing that can pull us out of the recession is a resurgence in consumer confidence. So far the Obama plan has produced the opposite of what is required.
lol wow ur dumb! u have no idea what ur talkin about. stop bad mouthing Obama and blaming everything on him.
Don’t be silly! It was already a full blown recession over a year ago, and heading for a depression, even before the election! No one can do much now, no matter who became Pres. It’s going to be up to the people now, as individuals, to try and keep their heads above water. I’m sure Obama will try his very best to bring things back to normal, after all he’s not the enemy, he is the U.S. President. Try to have a bit of patience, and optimism.
As E Z as 1, 2, three!
By listening to and making concessions for the same Republicans that got us into this mess. They proved their policies were disasterous so its in Obamas best interest to ignore them and do whats right for this country.
Its comments like this that CONFIRMS you Cons haven’t got a clue. NOBODY can single-handedly turn a recession into a “depression” in 3 months, even if they tried. Do you guys HONESTLY believe the state of the economy is Obama’s fault?
The recession was never manageable. Obama offered hope. If you don’t have hope what is left to live for?
Hope the best of things.
Are you selling any of that stuff you’re apparently smoking. Yes… you’re so right! Bush had the economy managed just fine and within the three months Obama’s been in office, he’s completely destroyed it. And there’s no way you’re opinion is in the slightest bit ill-informed, biased, or just plain asinine.
Can you understand any of those words I just said? Because if you voted for Bush twice, you’re either retarded, drunk, stoned, brain-damaged, or worse… a conservative “Christian” who thinks Christianity is believing Jesus rode a dinosaur to school and wants you to stone gays and pregnant teens.
This is why stupid people shouldn’t have computers. Didn’t your pastor tell you right after convincing you that Bush was the third coming of the messiah that Satan can invade your home through your internet? Shut off your computer immediately and repent!
I’m uber-Republican, but i’m going to try to answer this objectively. Bush *cringe* didn’t do that great of a job. I think he’s highly underrated, but he still wasn’t the best president and didn’t leave us in a great econemy. The difference here is that Obama is taking money we don’t have and spending it on projects that don’t matter or won’t work. 2 trillion? In a month?!? No matter what you’re doing or who’s doing it, that’s WAY too excessive!