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Clinton left a surplus and the economy was good when he left office, Bush took the nation into wars and reduced taxes,,, maybe that's why we have a problem now?
The supposed surplus didn't really exist, the economy was tanking in Clinton's last days in office, dems supported the wars too, the economy soared when taxes were cut, dems were behind forcing banks to make many of the risky loans...
Clinton left a surplus and the economy was good when he left office, Bush took the nation into wars and reduced taxes,,, maybe that's why we have a problem now?
I actually liked Clinton, but think Obama is a left wing radical that thinks government should be the middleman for just about everything.
2008 our markets collapsed in large part due to the rise of this radical that was going to change everything.
Clinton left a surplus and the economy was good when he left office, Bush took the nation into wars and reduced taxes,,, maybe that's why we have a problem now?
smoke and mirrors on the budget surplus. they were projected surpluses, and that needed the economy to remain as it was at the height of the dotcom bubble, which could not last. as for the wars, they were supported by congressional democrats as well as republicans. as for reduced taxes being the cause of economic problems? not true, the problem isnt taxes, but big government spending on crap programs, and bloated agencies, many of which have no reason to exist except to spend money.
Everyone reading this may have to think back to January, 2007. I remember some of the facts but all below are very easy to verify by public record and committee hearings [so called] I call these hearings DOG AND PONY SHOWS.
JANUARY 3, 2007
The day the democrats took over was not January 22, 2009 it was actually January 3, 2007 the day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that everything
is "Bush's Fault", think about this:
January 3, 2007 was the day the Democrats took over the Senate and the Congress:
At the time:
1. The DOW Jones closed at 12,621.77
2. The GDP for the previous quarter was 3.5%
3. The Unemployment rate was 4.6%
4. George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
Remember the day...
1. January 3, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.
2. The economic meltdown that happened 15 months later was in what part of the economy? BANKING AND FINANCIAL SERVICES!
3. Thank Congress for taking us from 13,000 DOW, 3.5 GDP and 4.6% Unemployment to this CRISIS by dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac fiasco's! (BTW: Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001, because it was financially risky for the U.S. economy, but no one was listening).
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA!
And who fought against reform of Fannie and Freddie??? OBAMA and the Democratic Congress.
So when someone tries to blame Bush... REMEMBER JANUARY 3, 2007.... THE DAY THE DEMOCRATS TOOK OVER!" Bush may have been in the car, but the Democrats were in charge of the gas pedal and steering wheel!
Set the record straight on Bush!
So, as you listen to all the commercials and media from the Democrats who are now distancing themselves from their voting record and their party, remember how they didn't listen to you when you said you didn't want all the bailouts, you didn't want the health care bill, you didn't want cap and trade, you didn't want them to continue spending money we don't have.
Do not forget their complicity in getting us into this mess vote accordingly!
"It's not that liberals aren't smart, it's just that so much of what they know isn't so" -Ronald Reagan
Republicans had complete control of congress for 6 years under bush and the dems slaughtered the repugs at the midterms because of the horrible job the repubs were doing. If they were doing such a good job they would have never lost congress and we'd have a republican president right now.
Republicans had complete control of congress for 6 years under bush and the dems slaughtered the repugs at the midterms because of the horrible job the repubs were doing. If they were doing such a good job they would have never lost congress and we'd have a republican president right now.
The wars were the primary reason. Which the dems supported (flip flop flip flop...remember that?). I don't see how Al Gore or Kerry could have done a better job in Afghanistan and Iraq.
The wars were the primary reason. Which the dems supported (flip flop flip flop...remember that?). I don't see how Al Gore or Kerry could have done a better job in Afghanistan and Iraq.
Correct the wars was the #1 reason for the economic collapse with the tax cuts to the wealthy #2. Bush tried to push the iraq war agenda before congress which the dems refused. Afterwards bush and rumsfeld made up the WMD's and dire threat to national security lies which then got the vote. After the dems took congress, bush nearly instantly threw rumsfeld under the bus as the dems were out for blood after they had be duped.
Gore, kerry or anyone who isn't a crook would have done a better job as we never should have been in iraq in the first place and captured Osama when we had him cornered.
On Obama's watch more are unemployed and consumers are less confident:
Unemployment Rate
Bush/ Obama
Average 5.3% 9.4%
High 7.4% 10.1%
Low 4.2% 7.7%
Consumer Confidence (U Michigan)
Bush/Obama
Average 85.9 68.7
High 103.8 76
Low 55.3 56.3
Just curious...in the late 1930's the employment hangover from the bank fiasco from Mr. Republican himself, Herbert Hoover still sported an unemployment rate of about 15%. Did you really believe it would be easy to cure this monstrous mess left by eight years of Republican pandering to the wealthy and corporate America??
Correct the wars was the #1 reason for the economic collapse with the tax cuts to the wealthy #2. Bush tried to push the iraq war agenda before congress which the dems refused. Afterwards bush and rumsfeld made up the WMD's and dire threat to national security lies which then got the vote. After the dems took congress, bush nearly instantly threw rumsfeld under the bus as the dems were out for blood after they had be duped.
Gore, kerry or anyone who isn't a crook would have done a better job as we never should have been in iraq in the first place and captured Osama when we had him cornered.
No, risky lending caused the collapse. The Dems under Clinton forced banks to make risky loans.
Just curious...in the late 1930's the employment hangover from the bank fiasco from Mr. Republican himself, Herbert Hoover still sported an unemployment rate of about 15%. Did you really believe it would be easy to cure this monstrous mess left by eight years of Republican pandering to the wealthy and corporate America??
Most economists now accept that FDR prolonged the Depression.
No, risky lending caused the collapse. The Dems under Clinton forced banks to make risky loans.
LOL!!!
Dems under Clinton?? From 1994-2006 there was a Republican majority in both houses of congress.
You people have no shame. You listen to the bare faced lies told 24 hours a day on FAUX NEWS and actually believe it.
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