Longest stretch of high unemployment since Great Depression

Onceler said:
On whose watch did the economy experience the worst crash in decades?

There's the guy who blew it up, and the guy who is taking longer than we thought to fix what the other guy blew up. Yeah - I still blame the guy who blew it up much more.
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right....when a repub is the prez, they bare responsibility. when a dem is prez....is the former pub who bears responsibility.
 
Yurt said:
right....when a repub is the prez, they bare responsibility. when a dem is prez....is the former pub who bears responsibility.
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No. The guy who crashed the economy bears responsibility for crashing the economy.

You & that reading thing. And the Bush-love thing.
 
Aoxomoxoa said:
No, most of the blame. He had eight years to regulate the banks and financial institutions. The Sarbanes–Oxley Act of 2002 was a toothless tiger.
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Are you saying He and other republicans did not make attempts? I can post numerous video of democrats who had the actual power, deride and refuse republican led efforts.
 
icedancer2theend said:
Are you saying He and other republicans did not make attempts? I can post numerous video of democrats who had the actual power, deride and refuse republican led efforts.
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SF will you tell you that a strong president would have found a way. It was patently obvious from the time of Worldcomm and Enron that something was seriously wrong with financial regulation in the US. There were many that were pointing out that it was a ticking timebomb waiting to explode.

http://www.nytimes.com/2006/03/16/business/businessspecial3/16enron.html

http://www.libraryindex.com/pages/484/White-Collar-Crime-FALSIFYING-CORPORATE-DATA.html

http://www.usnews.com/opinion/artic...nancial-crisis-with-alan-greenspan-in-between

http://news.bbc.co.uk/1/hi/world/americas/7814704.stm

http://en.wikipedia.org/wiki/Financial_crisis_of_2007–2010#Growth_of_the_housing_bubble
 
Aoxomoxoa said:
SF will you tell you that a strong president would have found a way. It was patently obvious from the time of Worldcomm and Enron that something was seriously wrong with financial regulation in the US. There were many that were pointing out that it was a ticking timebomb waiting to explode.

http://www.nytimes.com/2006/03/16/business/businessspecial3/16enron.html

http://www.libraryindex.com/pages/484/White-Collar-Crime-FALSIFYING-CORPORATE-DATA.html

http://www.usnews.com/opinion/artic...nancial-crisis-with-alan-greenspan-in-between

http://news.bbc.co.uk/1/hi/world/americas/7814704.stm

http://en.wikipedia.org/wiki/Financial_crisis_of_2007–2010#Growth_of_the_housing_bubble
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dude, did you happen to notice everything in those links happened in the Clinton administration?......
 
Republicans would do well to critisize Obama"s complete ineptness of running the economy vs defending bush.
They set the trap and you dive in.
 
PostmodernProphet said:
I just hope the next president has some ideas to change things, because the current one just made things worse..........
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When Obama took office, the economy was losing hundreds of thousands of jobs each month, GM was failing and the market was below 10,000 and continuing to crash.

The economy is now adding jobs, GM had a record quarter and the market is closing in on 13,000 and rising.

So no, he didn't make things worse.
 
Onceler said:
When Obama took office, the economy was losing hundreds of thousands of jobs each month, GM was failing and the market was below 10,000 and continuing to crash.

The economy is now adding jobs, GM had a record quarter and the market is closing in on 13,000 and rising.

So no, he didn't make things worse.
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if he's lucky, by election day things will be the same as they were when he took office....yet our national debt will be $5trillion or more higher.......so don't pretend he hasn't made it worse.....
 
PostmodernProphet said:
if he's lucky, by election day things will be the same as they were when he took office....yet our national debt will be $5trillion or more higher.......so don't pretend he hasn't made it worse.....
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Be the same? As I said, the market will be higher, GM is better off, and companies will be hiring & not firing.

If your gauge is "national debt," every President in modern history has "made it worse."
 
Onceler said:
If your gauge is "national debt," every President in modern history has "made it worse."
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I remember the Dems campaigning in 08 that Bush "made it worse" than all the other presidents before him combined.....will they campaign in '12 that the fact Obama exceeded him in half the time isn't really a bad thing............
 
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