gsvol
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I don't see how the Republicans can on the one hand run on budget deficits and then on the other successfully defend the Bush tax cuts, especially since the Dems can so easily argue that the cuts are going to those who have been getting the big Wall Street bonuses.
I think the reason for that is that an overwhelming majority of the country pretty much abhors Bush and like Obama correctly blames he and his adminsitration's malfeasance for quite a bit.
For the first time since President Obama took office, voters see his policies as equally to blame with those of President George W. Bush for the countrys current economic problems.
Might want to check that....
Republican National Convention (August 23, 1984) - Miller Center of Public Affairs
The reference is how democrats blame america first........ nothing new.....
Well, let's take them on a little stroll down memory lane. Let's remind them of how a 4.8-percent inflation rate in 1976 became back-to-back years of double-digit inflationthe worst since World War Ipunishing the poor and the elderly, young couples striving to start their new lives, and working people struggling to make ends meet.
Inflation was not some plague borne on the wind; it was a deliberate part of their official economic policy, needed, they said, to maintain prosperity. They didn't tell us that with it would come the highest interest rates since the Civil War. As average monthly mortgage payments more than doubled, home building nearly ground to a halt; tens of thousands of carpenters and others were thrown out of work. And who controlled both Houses of the Congress and the executive branch at that time? Not us, not us.
Hmm who's he talking about?
He's blaming Carter 4 years after he's been in office.
The difference is, what "failed economic policies" put in place by Bush would this regime not supported? The only policy is the tax cuts for just about everyone, Barry would not have supported that but they would have spent way more than Bush.
Don't forget tge libs had control of Congress beginning in 2007.
I think it is also the combination of deregulation and silently "looking the other way" as the banking and finance industry lost their minds trading derivatives of derivatives of derivatives of subprime crap.
Don't pretend the left didn't look the other way as well. Both parties ignored the problem.
but how much of the problem was this "deregulation" that Bush-haters like LG speak of, and how much was the awarding of mortgages under the CRA to people who had no business buying a home in the first place? Both parties ignored the problem, but only one party repeatedly deflected efforts to reform Fannie Mae and Freddie Mac.
He's blaming Carter 4 years after he's been in office.
Employment is a lagging economic indicator though, so I don't see how it's really relevant right now.
Companies that laid people off aren't going to hire again until they desperately need the help.
I don't see how Obama has a shot at reelection.