Will you miss President George W. Bush when he leaves the White House? Why or why not?
Listen to right-wing talk radio and well, it would seem that America has been taken-over by Lenin and the rest of his Communist cadres. Depending on the radio program, we're either about to become a communist or fascist nation (okay, sometimes both), all because of the suspiciously foreign-looking guy in the White House is leading us to ruin.
The saving of the American economy by the timely, strategic and ultimately successful extraordinary actions of the Bush and Obama Administrations, working closely with the Federal Reserve, has been re-positioned by the Tea Party and the AM radio liars as a latter day Bolshevik take-over.
Silly as all this really sounds if you've ever read a 7th grade history textbook, there are many people, across America, willing to believe in this kind of lie. It fits with the paranoid narrative of "they've taken our country away" (which really would seem best translated as "there is a Black man in the White House - WTF?").
Now that General Motors - and the supporting industrial infrastructure that is the basis for American industrial capacity - have been saved, the government's stake dramatically reduced, you would think that the Commie talk would have subsided.
Crazy talk is running rampant - and in the process distorting our capacity as a society to fully understand how close we were in 2008 and 2009 to another Great Depression. (In other words, not being able to understand reality, we're setting ourselves up to repeat the same mistakes at a later date.)
Finally, the White House is communicating the benefits of is intervention in the auto industry - with a nifty video that shows what actually happened with General Motors.
While objective information does not seem to turn on many of these Obama-haters on the radio dial, for the rest of us who are looking for pragmatic answers, it explains what was really at stake - and how close we came to blowing up our whole economy.
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You need a few lessons in economics....Those countries around the world that did not participate in the panic by issuing great sums of "stimulus money" to the economy have recovered faster and further than those that did....Free enterprise capitalism has always recovered from the downturns on its own if left alone to do so....The economy in this country will recover in spite of what the federal government does or does not do; the only question is how quickly and how completely.
Barack Obama has overstepped the bounds of the Constitution in many of his actions in the past 2 years by interjecting the government where it has no constitutional authority to be....He has demonstrated the socialism agenda in words and actions while he has clearly indicated his opposition to capitalism....Nobody needs to interpret him because he has made himself very clear and will continue to do so if allowed....Fortunately the people of this country are waking up and will continue to block his moves until we can remove him from office.....The man is an inexperienced, bumbling fool and he has shown that he cannot handle the job of President and has made the USA a laughing stock around the world in the process.
Pat D, Obama inherited this economic mess from Bush and has made great strides in turning it around. If you invested and understood economic dated you would know this. The stock market alone is up over 5,000 points since the Obama recovery started. We were losing over 720,000 jobs a month under Bush and the conservatives failed policies. The facts are all reports including the GDP have improved greatly under Obama. You people who obviously never invested a dime use right wing talking points. The rest of use use economic data to make money.
Jerome ... Save you Liberal Talking Points for your "I Hate America" Meetings. They're not working anymore.
You Apes weren't saying anything when Bush inherited a recession after Clinton left office, and then had 9/11 to contend with. Were You ???
And if you want to point a finger at today's economic troubles. Start with Barney Frank and Chris Dodd. The Housing Committee is responsible for the unbridled and unethical practices of Fannie Mae and Freddie Mac. Millions of Americans lost their jobs because of the Housing Collapse.
And here's more FACTS to shove straight up your ignorant and uneducated ass. According to Several Economic Experts, People that worked on Wall Street and Breathed Wall Street did not see the Financial collapse coming, So how does a man that doesn't even set foot on Wall Street see it coming ??? What Bush did see as a problem was Fannie and Freddie. The Democrat Heavy Housing Committee denied the idea of putting regulations on them.
Obama has done NOTHING for the Economy, accept reward the Companies that helped elect him, with our tax payer dollars. Obama put his horrid Health Care Over Haul before the Economy and it cost the Democrat their jobs in November.
Our Unemployment has now "INCREASED" to 9.8% after Obama being in office for TWO YEARS. That's on him you dope.
You said the same Bullshit when you were "dfrogpong" and "lenore". Your rhetoric never changes. Some Liberal Left Wing Pundit gave you those lines and you repeat them in every thread. You're a Left Wing Radical Sheep that is dependent.
You are Economically Illiterate.
Obama is going to go down as one of the worst "One Term" President's in our Nations History.