Quote:
Originally Posted by cologal
Now this is what is known as reveisionist history.
And I don't want to hear about Obama inheriting this. He now owns this economy. Just like President Bush took responsibility for Clinton's recession.
I wish I had a nickel for everytime we heard.....Bush inherited a recession.
The only thing different about this one is it hit during the term of the sitting President and that would be George W himself.
Bush didn't take responsibility for anything other than "Mission Accomplished"
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When this entire thing began, our President said he would create or save 3million jobs....his promise......NOW,....he says the stimulus will create 600,000 jobs AND HALF OF THEM ARE SUMMER JOBS.
When this thing began our President said that unemployment would stay under 8%.......NOW he says the number will exceed 10% and that he just simply guess wrong.
IF the problems were caused by President Bush, and if the stimulus bill is the answer as we were told (THAT BILL UNREAD BY CONGRESS....40/50% OF WHICH WAS TOTALLY SOCIAL PROGRAMS), why are we not seeing any improvement and in fact, a movement in the wrong direction. He (OBAMA) IS spending at such a rate as to make ANY OTHER MAN ON EARTH a sheer amateur. We now (you and I as stockholders) own GM.
Tell me what is improving....tell me how this works...he makes a promise and then throws money at it...and when it does not work he simply says...oops..sorry misjudged !
I am sorry...yes President Bush spent a ton of money and that is at his feet, but President Obama is spending money NOW and in the future. The fine print in the stimulus bill makes the spending go UP each year, I think through 2013 !!!
President Obama said we had to spend this money NOW..QUICKLY..and we now know that NOBODY even read the bill.....and that almost half of it were social programs. And this you defend !!