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Nullius in verba
Don't use facts rightwinger , you'll just anger themI didn't see where any of Bush's timid economic actions had any effectThe only reason it's been a "GREAT RECESSION" is that Barry didn't have a clue how to fix an economy and create jobs! We're seven plus years into his administration and the Fed is still scared to raise interest rates because the economy is so weak. Barack Obama has overseen the worst recovery from a recession in modern economic history.
When Obama took office, the stock market was still in collapse, we were losing 700,000 jobs a month and GDP was negative...auto and banks were collapsing
Obama took solid action and reversed all that
What policy did Obama have that was different from W's policies?
Glad you asked
Obama passed a stimulus that infused $800 billion into the economy. He made it clear that the U.S. Government would not allow the banks and auto industry to fail. He passed solid financial reform and demanded auto companies close unprofitable brands and give the taxpayer stock in their company
That is what he did differently and the economic collapse reversed
Obama spent 800 billion on a "stimulus" to create jobs that created so few jobs that in desperation they invented a new economic statistic..."jobs created or saved"...to hide how bad it was! Take off your partisan blinders, Winger...you're looking increasingly ignorant in this string!
The stimulus was meant to infuse capital into the economy. Not all of it was through jobs. Half was directly through tax cuts.
Jobs saved were through reimbursements to communities to prevent layoffs of teachers, police and firemen. Without federal money, those people would be laid off.