healthmyths
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- Sep 19, 2011
- 29,043
- 10,525
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- #341
...be viewed higher than when he left because he was followed by one of the worst Presidents in history. However, he will still go down as one of the bad ones.
(1) Iraq War:
It will be viewed as a blunder.
(2) Mortgage Meltdown and Credit Crisis:
If an EDUCATED person viewed the mortgage meltdown they will realized that all the legislation and moves that caused it was started under Clinton (CRA, GLB, Fannie Mae/Freddie Mac given more power etc), however, he ignored it for short-term gains and the longer term bust.
(3) He Doubled Downed on the Upcoming Student Loan Bust:
Many people may argue it has already busted, but not quite. After Clinton boneheadedly made Fed student loans non-dischargable (which spurred in to over-drive rising college costs), Bush made private student loans non-dischargable also.
(4) Reckless spending:
The Gingrich run Congress actually balanced the budget. Bush led the country on a spending drive.
(5) Further erosion of our manufacturing base:
We fell under 10% of the workforce being in manufacturing. A healthy economy REQUIRES a strong manufacturing base. A healthy one is minimum 20% (which you want to see closer to 30%). We currently sit at 8%!!!
This is just a small, list there are many many other's and few positives to boast about!
(4) Reckless spending:
The Gingrich run Congress actually balanced the budget. Bush led the country on a spending drive.
Yes!
(5) Further erosion of our manufacturing base:
We fell under 10% of the workforce being in manufacturing. A healthy economy REQUIRES a strong manufacturing base. A healthy one is minimum 20% (which you want to see closer to 30%). We currently sit at 8%!!!
Automation will continue to reduce manufacturing employment. Worldwide.
What % of GDP is manufacturing now? What was it when Bush took office?
NONE of YOUR comments take into account THESE disasterous events!
Don't you remember the dot.com bust, recession, 9/11 geez you forgot that?? 7 of the top ten destructive hurricanes... you forget these events OCCURRED and cost money and lives!