- Joined
- Jan 12, 2005
- Messages
- 23,580
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- 12,388
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- New Mexico
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- Independent
Re: U.S. Economy Shrinks By Most Since Great Recession in 1Q
No argument from me that these were all bad policies that needed to be corrected. And they were all a factor in the collapse of the housing bubble that triggered the recession. And not one of them can be pointed to as the reason the recession has continued six long years later or justify the abysmal failures of the Obama administration and mismanagement of the economy that has prolonged it.
Was the recession Obama's fault initially? No it was not other than his role on the Democratically controlled Senate as one who failed to address the growing crisis when the Bush administration sounded the alarm some 17 different times. Was the failure to do expedient things to alleviate and end the recession from 2009 on his fault? Absolutely. 100%
No argument from me that these were all bad policies that needed to be corrected. And they were all a factor in the collapse of the housing bubble that triggered the recession. And not one of them can be pointed to as the reason the recession has continued six long years later or justify the abysmal failures of the Obama administration and mismanagement of the economy that has prolonged it.
Was the recession Obama's fault initially? No it was not other than his role on the Democratically controlled Senate as one who failed to address the growing crisis when the Bush administration sounded the alarm some 17 different times. Was the failure to do expedient things to alleviate and end the recession from 2009 on his fault? Absolutely. 100%