How much of this is Bush's fault?

[crakjak]

Originally Posted by Jermyn Davidson

I would say none of what happened to trigger our 21st century near Depression is Obama's fault.


Some of this is GWB's fault. As a Conservative, there are things that he could have done to help the government save money that he just didn't do. There are ways he could helped the country to invest in herself that he just didn't do.

He had a Republican House and an evenly divided Senate to work with for 6 of his 8 years-- and there is hardly anything Conservative about his spending habits while he was in office.

If they wanted to do away with Freddie Mac and Fannie Mae, they definitely had the ability to do it-- but they didn't. Sure, reports surfaced by the middle of year 6 of his Presidency, and sure there are people that tried to raise awareness of a problem, but if there were ANY problems at all, they existed before year 6 of his Presidency and you can be sure that there were folks who were aware of the risks-- before year 6 of his Presidency.




However, Obama shares a portion of the blame for WHY the economy has dragged its feet in recovering.

He shares a portion of the blame with everyone in Congress-- they help in or hurt the country fiscally with their good or bad decisions.


The credit rating drop was an example of politics at its worst-- and YES Congress had a part on the whole soup sandwich that ultimately affected the whole country.

No one sends Congressmen to DC to shut down the government. We send them to make the govt more efficient and make things run smoothly.

Everyone in DC, from Obama down, at times seemed to forget why they were sent there in the first place.

Your dreaming Jeremy, Congress wasn't about to let Bush do away with Fanny & Freddie!!!! Barney shouted, "There is no risky loans at Freddie and Fanny!'

[deafdriscoll]