Bush kept the economy strong through the beginning recession handed to him from Clinton, 9/11, Katrina, 2 Wars, and Hurricane Gustav and was still able to keep our economy going and in positive growth.
It was the American peoples irresponsible spending and credit habits and The Fannie and Freddie Debacle that things got to the critical point of destruction.
So if Bush was able keep things a float through 4 Historic and major catastrophes our country has ever known, and that was Historic in itself. Why does the left continue to run around saying Bush did nothing?
Bush had some reckless spending habits but Obama is doing the same exact thing, if the left was helping to build the Bailout bill and were voting for and passing the bill (by a larger margin than the right). How was the bill not bi-partisan?
House:
Democrats: For 172 Against 63
Republicans: For 91 Against 108
Senate:
Democrats: For 38 Against 9
Republicans: For 33 Against 15
Independents: For 1 Against 1
Congressional Totals
Democrats For 210 Against 72
Republicans For 124 Against 133
If we were against it then and now it has become out of control why should we support it now?
Our economy is not getting better, and if we are making a Stimulus Bill to jump start the economy, and make jobs why is unemployment still falling? Where is the JUMP? Why are investors not investing? Why is consumer confidence still falling?
If the Bailout was to fix the Credit Crunch and the Fannie/Freddie Debacle to get lenders to start lending again, people to start buying cars again and all that jazz then why are we spending money on a Stimulus Bill that has now become a Recovery plan and down payment on nationalized health care?
We as a people had better wake up, it is essential we stop following around blindly and acting like we must go along with plans that go directly against the American Dream and Directly against the Will of God.
It is possible to have voted for a person and then say hey I made a mistake, or hey I don’t agree with this person 100%. There are times He proposes something I don’t agree with, I mean shoot there are times God suggests things I don’t agree with, now I try not to disobey God but I have no problem disobeying a man even one I respect. I voted for Clinton the first time and realized I made a mistake, I voted for Bush and realized he was not near the conservative I thought he was in some areas, and during those times of disagreement I made it known, I did not sit back and say oh well maybe he knows better or blame Clinton for a bad decision Bush made.
We are at an imperative moment in history and people better start swallowing their pride and quick or we will all fall, and fall hard.
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So much for "Change" eh, Ayesha? He is doing the same exact thing Bush was doing.
ReplyDeleteBut you can artificially stimulate the economy so that people think everything is well. When the Federal Reserve lowers interest rates, they do make credit available so that people can borrow and spend, and that is just what has been done. The problem is when people can't borrow any more, this unsustainable habit comes to an end and reality sets in.
The thing with politics and economic reality is that people think that a policy enacted takes effect immediately and things ought to change for the better right away. In a sense they do, as recessions and depressions allow for a restructuring of the market so that it can be efficient again. But that only works if the free market is allowed to work.
Government can delay the effects at the expense of making the problem graver.