blackhawk
Diamond Member
- Apr 2, 2012
- 34,460
- 16,921
Wait for it, wait for it, here it comes it's Bush's fault.Bush, the Socialist, ended his first recession by giving every worker a check of $300 or $600 if filing jointly. The Bush Depression ended July 2009.
Just for the record -- recession means the economy is shrinking, and the last one was over in the summer of 2009. Depression means the economy is staying below its potential (because a lot of able people are not working) -- and it is far from over.
Bush did not have to deal with depression because the recession of 2000-2001 was not deep enough and could bounce on it own when Fed dropped the rates to zero. Obama had to deal with far worse a crisis -- this time Fed could not stop depression and Obama had to improvise with the stimulus. And it would have worked, if not for Republican obstruction.
Please describe this "Republican obstruction." And please explain why the Democrats have not passed a budget in the last three years because Harry Reid won't allow any budget to be debated on the Senate floor? Please explain how the Senate, not allowing House bills out of committee for debate and vote is not obstructionism.