So Many Democrats are Running Against Bush Instead of their Opponent
By stealthy
@stealthy (8181)
United States
October 18, 2008 11:13pm CST
Many say this is because of the economy. But consider this:
Eight months after Bush took office 9/11 happened with most of the attackers having entered the U.S. under the lax security of the Clinton administration.
9/11 could and probably should have been an economic disaster for the U.S., but Bush's polices kept that from happening. In fact the economy, after a mild hiccup, grew with the jobless rate dropping and the stock market going up, etc.
It was bascally only after the Democrats gained control of Congress in 2006 that the economy started tanking.
So is it Bush or the Democrats who control Congress that are responsible for the present economic problems?
4 people like this
9 responses
@ClarusVisum (2163)
• United States
19 Oct 08
Blaming 9/11 on Clinton, when Bush received, and then IGNORED, a memo one month before the attacks entitled "Bin Laden determined to strike in US", is just too ridiculous for words.
And blaming the economic crisis on the Democratic Congress when all of the DEREGULATION that economists agree is the primary cause of this problem happened at the hands of REPUBLICAN legislators in the REPUBLICAN-controlled Congress, is equally ridiculous. In fact, a group of economists, including Nobel Prize winner Stiglitz, has placed much of the blame on one person: Phil Gramm. So what's Phil Gramm doing now? Oh yeah, he's McCain's economic adviser.
http://abcnews.go.com/print?id=5835269
http://wonkroom.thinkprogress.org/2008/09/20/economists-blame-gramm/
2 people like this
@ClarusVisum (2163)
• United States
20 Oct 08
It's not even what he did or didn't do. It's the fact that he didn't even TRY. Receiving the memo wasn't even enough for him to cut his VACATION short!
If that's not treasonous, what is?
2 people like this
@dncmanning (770)
• United States
19 Oct 08
The failing economy is the result of many things. Yes Bush is part of that as is Congress. (to your question- whose controlling what- neither- both are balanced by each other- that is what prevents this great conutry from becoming a dicatorship).
Part of the problem with our ecomony is the War- we are spending money we don't have (I support our troops- don't misunderstand that). Oil prices effect every home in this country and as the prices continued to rise- people are spending less elsewhere- which is a big blow to the economy- the government tried to address that with the rebate but most people put that money away for a rainy day- it didn't go back into the economy the way most thought.
Then you add to the mix the cost of Federal Government salaries, insurance, and retirement plans and you have the making of an economic disaster. There are a million other reasons why- but if the government doesn't do something soon- we will be facing atrue depression, again.
@stealthy (8181)
• United States
19 Oct 08
Actually the root of the economic problem is the subprime mortgage debacle. Mortgage companies offered mortgages to people who could not afford them and people, with no common sense, were not smart enough to realize that if it sounds too good to be true it probably is. Like the women featured on a news program the other night who was unemployed and in school and thought she could to buy a house costing quite a bit over $300,000 with nothing down with an 8+% rate that very soon would rise to 13+% and then a year later wondered why she couldn't make the payments. Why did mortgage companies offer people who couldn't afford such things? Part of the reason was greed for a quick profit and part of it was pressure from liberals wanting to make home ownership available to everyone whether they could afford it or not.
@dncmanning (770)
• United States
19 Oct 08
Well - that is part of the bigger picture as I said there are may things. But the housing market alone is the olny reason or problem. It is easy however to look to blame one person or thing and that's how the housing market gets thrown under the bus over and over. Yes there are BIG problems with it but that alone can't take all the credit for the ecomony the way it is.
Like the post below- there are huge problems with big business wanting to get bigger by stepping on the little guy and not caring what happens as a result. You have companies like Enron that trash the market as a whole when a group of already rich people decide to get richer by ripping off again the little guys retirement fund. So there are more issues than the housing market and the fact that you don't list the war and rising oil prices a place in your reasons is a little bothersome.
@thedogshrink (1266)
• United States
19 Oct 08
Yes, I think everyone has agreed that the Fannie and Freddie fiasco are at the crux of the economic crisis. And the Democrats' desire to make sure low and moderate income people could buy a home, even choosing that over protecting our entire financial security as a nation. Read this: http://www.mylot.com/w/newsarticle/1413241.aspx
It's one thing not to have foreseen the problem. But to have been forewarned, and refuse to act is inexcusable. That is, to me, reason not to vote for Obama, and every single one of the ones who were against the Hagel bill, Republican or Democrat.
@Thoroughrob (11742)
• United States
19 Oct 08
I have always said that the president cannot do anything without the rest behind him. I think they all need to come together and take care of things and quit worrying about what party they are with.
1 person likes this
@dark_joev (3034)
• United States
19 Oct 08
The stock market is in the state it is in because the market can't requlate itself and big business only cares about big business and that is it they only care about themselfes
1 person likes this
@4magoo (396)
•
19 Oct 08
The short answer Bush. If you borrow money so you can give money away through a series of tax cuts it is wrong. That is why we have such a huge deficite. Bush and Chaney started a war of choice. The war in Iraq had nothing to do with 9/11. They haven't been paying for it. They have been having nothing but a series of tax cuts. The Bush Republicans should be called the borrow to spend group.
1 person likes this
@vellibiz (297)
• United States
19 Oct 08
Your exactly right, i hate people when they try to point fingers at everyone that is not responcible, like blaming clinton for the mortgage crisis and 911, the point is this all happened while bush is in office, this wasnt happening when clinton was in office, thus you have to question the man in power, for him to say, well they guy before me....is a weak excuse, why become president if your not going to take a firm hold of whats going on, i mean bush has been in office for 7 years before he realized we had a morgage crisis, and the stock market had to flop before he saw it.This makes me question what the hell they do in the white house, obviously doesnt seem like they were studying well reported economic issues, seems like hes 100% occupied with the war,its like hes stuck in 2001, still reviewing 911 footage.
1 person likes this
@mehale (2200)
• United States
19 Oct 08
I honestly believe that BOTH the Republicans and the Democrats are at fault in this situation. There are facts that point toward this economic crisis being preventable as far back as 2001 IF they had actually done something to stop it. However, neither side did. And as of late it would seem that all the Congress-(Senate, House, etc) want to do is fight. Until they learn to actually work together for the benefit of America, it is not going to matter very much WHO is in the White House.
@medney1988 (560)
• United States
19 Oct 08
can we please move on from blaming anyone and everyone? is it possible to work together on fixing the problem? this is getting ridiculous. seriously! if you care that much get up and do something.
