LilOlLady
Gold Member
- Apr 20, 2009
- 10,031
- 1,321
Radical Right Wing Extremists Amnesia.
Re-mem-ber Bush? Eight years of Bush caused the recession.
Eight years of Bush that Rush Limbaugh must have been real proud of. And the Radical Right Wing Extremists selectively forgot. Now they want to blame Obama because he has not cleaned up the mess Bush made fast enough and economically. Bills that Bush racked up has to be paid and the Right want to take from the poor to pay them.
Obamas $814 billion stimulus bill and other remedies got us out of the worst economic slump since the Great Depression, keeping unemployment lower than it would have been.
Re-mem-ber Bush? Eight years of Bush caused the recession.
One well-known economist says that former President George W. Bush is to blame for the current economic crisis.
1. We cut taxes.
2. We spent $2 trillion on two unwinnable wars.
3. We doubled discretionary spending. Some conservatives originally aimed to "starve the beast" by cutting taxes in order to force future cuts in spending. But spending grew so out of control in Bush's term that no beast was starved, Roubini said. In fact, the beast was fed.
4. We added entitlement benefits like the Medicare drug benefit.
5. We entered the largest economic and financial crisis ever, which caused a huge increase in the deficit through the "recession deficit" and the cost of bailing out the banks and financial institutions.
Did George W. Bush cause this crisis?- MSN Money
Eight years of Bush that Rush Limbaugh must have been real proud of. And the Radical Right Wing Extremists selectively forgot. Now they want to blame Obama because he has not cleaned up the mess Bush made fast enough and economically. Bills that Bush racked up has to be paid and the Right want to take from the poor to pay them.
Obamas $814 billion stimulus bill and other remedies got us out of the worst economic slump since the Great Depression, keeping unemployment lower than it would have been.