Apples and Oranges. Bush was not a good President from an economy standpoint, as it turned out. But Bush is gone. Right now, unemployment, real estate, Stock Market, consumer confidence, credit rating, etc are all in the tank. Surely you cannot absolve Obama of blame for all of the things going south at once. He's the President. The buck stops with him. It does not get passed backwards. It never has. Are you willing to take a chance on his policies ever working going forward? You are way too smart for that. You are losing money hand over fist and you are too damn stubborn to admit you may be wrong about Obama's ability to lead this nation.
and you think that the republicans and the tea party ideas are the answers? really? more tax cuts, (so we can all get trickled on) and massive cuts to SS and medicare without anything done to raise revenues, (even tax reform) that's been tried, and whether you want to admit it or not, it contributed to where we've at now.
No, not all of it. But just as surely you cannot place all of the blame on Obama. We are out of the mess he inherited. Not back to the top, but out of the rut. GDP is up and out of recession range. We have gone from losing 750,000 jobs a month at the end of the Bush administration to gaining 100,000 to 300,000 each month. The stock market is WAY up from 2008. We are almost out of Iraq, we are getting out of Afghnaistan, both with dignity and tremendous cost savings, yet we still are hitting Al Qaeda hard in Pakistan and Osama bin Ladin is dead. I'm not willing to go back to the republicans who left us in such sorry shape last time, why are you? Dude, I am making money hand over fist in the long run. What I lose in a week or two of a market correction is part of the game. Overall, I'm making money. So are you. Certainly business is sitting on a huge amount of profits. In any case Obama isn't responsible for the stock market. So what? You are too damn stubborn to consider that the Republican track record is not very good, the party is being split by the Tea baggers, and have yet to offer an attractive candidate this close to an election. I can't consider putting that train wreck back into the White House. Obama was not my first choice and he is not perfect, but he's not a failure either and he's better than the last President and better than any alternative that I can see right now. If Hillary started a moderate third party, I'd change bandwagons in a second. But the GOP is the Hellbound Train right now, and I ain't going to ride it.
:insane::insane::insane::insane::insane::insane::insane::insane: Yes we rolled out of the rut and into the Grand Canyon. The country is much worse off today than when the savior took over. The worst part is he has the country flying like a bat out of hell in the wrong direction and doesn't have a clue what to do. The only thing he has done since he won the election is campaign for the next election. He's good at that, but other than that he is useless as tits on a boar hog!
C'mon Twisted, GDP is up!!! As if the 9.1 percent of Americans who don't have a job give a GD about GDP.
The housing market collapse was the result of congress mandating that home loans be given to people who can't afford them. Democrats wanted minorities and the working poor to be able to afford a home, or so they said. Republicans went along with it at first. When Bush tried to blow the wistle and address the problem before it blew up he was killed by people like Barney frank that said Freddie and fanny were in great shape. To blame this mess solely on Bush is wrong just as to blame it on solely Obama is wrong. The problem with Obama is that the things he has done has not worked. His financial reform bill and obamacare along with using the EPA as a sledgehammer to push regs has corporations sitting on their money. They are sitting on their money because they are scared to death of what the laws and regs he pushed through will do once they are fully implemented. If I ran a corporation or owned a business I wouldn't take a chance on chit until he was replaced.
There’s plenty of blame to go around on this one, kemosabe The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap. Home buyers, who took advantage of easy credit to bid up the prices of homes excessively. Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses. Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes. The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families. Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates. Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages. Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral. The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market. An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic. The U.S. economy is enormously complicated. Screwing it up takes a great deal of cooperation.
