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Originally Posted by Guest
GW Bush plunged this country into economic ruin by:
1. Getting us into 2 wars with countries who did not attack us. And one is still ongoing, my nephew is in country now.
2. Went back into the well to use trickle down economics which is the ridiculous notion that if you cut taxes for the rich and corporations it will trickle down the poor. It didn't work for Reagan and it didn't work for Bush either.
3. Mortgage crisis that hit in the fall most of the mortgages were not worth the paper they were written on.
When Bush left office the economy was in free fall and it wasn't because the Democrats.
Obama created 10.8 million jobs during his 8 years.
When Bush took office the unemployment rate was 4.2, when he left office it was 7.8, when Obama left office 4.7
Bush vs. Obama on the Economy, In 3 Simple Charts [UPDATED] |
Polishing a turd is working good for you.
Tell you what, I'll make it easy for you. IF Bush had what is considered FULL employment, at least until the Dems took control of congress, why would he NEED to create more jobs? I'm sure that a glass full is better than a glass half full. SO, Obama supposedly created jobs, which is over exaggerated because if he created so many jobs the out of work force number would not be so high. Tell me why there are more folks on poverty, food stamps, etc than when he took office?
Out of work force 2008= 79 million
Out of work force 2017 = 94.4 million
Living in poverty 2008 = 38.3 million
Living in poverty 2017 = 42.3 million
Food stamps 2008 = 30.4 million
Food stamps 2017 = 41.7 million
Tell me again how great Obama was? He was an amateur that was way over his head during a bad time, and wouldn't take any good advice from the experts. But, you go ahead blame Bush, because turn about is fair play. I blame Obama for such a SLOW recovery.