Posted on 09/09/2012 11:57:04 PM PDT by Jet Jaguar
Undoing the Dems BIG LIE is the key to winning in November. Most of the country still holds George W Bush responsible for the “failed policies of the past.” Actually, it was Democrats in COngress and their insistance on giving mortgages to people who couldnt PAY FOR THEM that trashed the economy. Say it loud and often.
You need to read the article again. There were EIGHT years in the Bush Presidency and the economy was fine until the Dems took Congress in 2007. IMHO, the Dems pushed the mess over the cliff on purpose just to pin it on W.
I don’t blame you for fighting this battle so virulently. This info could completely UNRAVEL the Dem’s BIG LIE campaign if it became common knowledge.
the economy was fine until the Dems took Congress in 2007.
That’s like saying everything was fine with the dam while the water was rising beyond capacity — it was only when the dam burst that there was a problem. The housing bubble was happening during those years that you say the economy was “fine”. Twenty percent yearly increases in housing prices is DANGEROUS INFLATION, BOUND TO LEAD TO A COLLAPSE. The inflation happened during the first 6 years of Bush’s tenure. The collapse came in the last two years. Bush bears part of the blame for all of it.
Democrats in COngress and their insistance on giving mortgages to people who couldnt PAY FOR THEM that trashed the economy. Say it loud and often.
That was Bush’s policy, too.
Read: http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html?pagewanted=all
“Lawrence Lindsay, Bush’s first chief economic adviser, said ... the proliferation of easy credit was helping Bush meet housing goals.
“No one wanted to stop that bubble,” Lindsay said. “It would have conflicted with the president’s own policies.”
Think there might be a connection there?
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