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Compare Booooosh's unemployment numbers to Obama's, then get back to me.
The trajectory was quite obvious when Bush left office. You can pretend that Obama caused this, but that's nothing more than simplistic partisanship. In other words, a lie.
So, the first 7 years of Bush's presidency doesn't count. Got it.
A very good point. Democrats act like Bush was the first president to have a recession occur on his watch.
Furthermore, Bush repeatedly warned about the danger of federal overexposure on sub-prime loans (well over $1 trillion) and tried to get Congress to reform Freddie and Fannie, but every time such reform was proposed the Democrats played the race card and claimed Republicans were trying to keep poor people from owning homes (and several Democrats claimed Freddie and Fannie were doing just fine). Passing that reform in 2005, when Bush first proposed it, would have greatly lessened the impact of the financial crisis.
Democrats also keep ignoring the fact that Reagan faced a recession that was every bit as severe as the one Obama faced, yet by Reagan's fourth year the economy was roaring and unemployment had dropped to 7.4% and was on a steady decline.