George Bush presided over the greatest era of financial lawlessness since the Gilded Age. He used the Housing Market to stimulate a dead economy by loaning money into the economy on the backs of people who had no downpayment, no collateral and often no job. Under his guidance, any impediment to mortgage lending was suppressed. Under his leadership, the most corrupt and unregulated derivatives market in world history flourished - until it blew up and destroyed the lives of millions. When Bush was begged to pressure Greenspan to raise rates and cool the bubble, he simply turned a deaf ear.
The Bush job growth numbers are the worst of any president since Hoover.
Jobs created during U.S. presidential terms - Wikipedia the free encyclopedia
Obama inherited the greatest mess of any president since FDR, yet his job growth has eclipsed Reagan's
Click this Forbe's article...
Obama Outperforms Reagan On Jobs Growth And Investing - Forbes
Once again, a great democratic leader saves capitalism from itself.
Discuss.
Last edited: