That financial crisis excuse is just boob tube bait propaganda for the gullible.
Every other recession and recovery in America since the Great Depression has followed patterns. That is why Obama said it would be over in 18 months. He thought he could do nothing and it would correct itself. Heaven knows he had no clue how to fix it.
But not this time, because Obama was busy transforming America from the most prosperous nation in the history of the world, into another banana republic.
We need another Bush back !! Jeb Bush 2016!
Update:.
To non -believers: Obama was poised to be a national hero given his perfect timing, with the typical post recession boom starting in his first year. Obama and his people were expecting to ride that glory, with their statements regarding a supposed recovery summer in 2010, and Obama himself saying on national TV in 2009 that if he didn’t get the recovery going within 3 years, he would be a one term President. They knew the history.
Update 3:@Dave87gn .. what? Jan 2009 2.8% unemployment. Total month 2013 January 2.9%.
Answers & Comments
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Nobama didn't save the economy either. Bush did right before he left office and dumb a s s took over.
Bush did not cause the recession either. The liberal spending of congress and the senate caused it. Bush even warned them twice that it was going to happen. Funny no one remembers any of this.....kinda like they don't remember bush won Florida in 2000 by 534 votes. All the Supreme Court said was that endless recounts were un-constitutional.
Liberalism IS a mental health disorder : you can lead them to facts but you can't make them think
Oh, and under bush there were more millionaires in this country's history then ever before. Under comrade nobama there are more poor people than ever in this country's history.
I also predict comrade nobama manages to over-look term limits or appeals them.
And once the lib-tards have destroyed this great land and we're broke living in swander with thousands dying from starvation, freezing temperatures, and the invaded occupying army will the lib-tards still blame Bush? Real question is : after the Nobama-calypse and the burning of our country and the normal thinking people have a chance to rebuild should we save the lives of the idiot fools who elected a Manchurian into office twice? NO
2 trillion dollars disappearing from the economy in a couple of days is not your average, walk in the park crisis. It was the biggest dip in markets since the Great Depression.
And do you know why, compared to the Great Depression, things have gone rather well?
Because they learned from it and there was better GOVERNMENT structure in place and better-targeted GOVERNMENT action.
Domestic Product (GDP)
(GDP) 2008
1st quarter -0.7%
2nd quarter +0.6%
3rd quarter -4.0%
4th quarter -9%
(GDP) 2009
1st quarter -4.9%
In December 2008 and January 2009 we lost over 700,000 jobs per month.
Bush will be remembered for many screw ups but he has the dubious honor of being the ONLY US president to have a net LOSS of jobs when he finished his terms..
ONLY ONE
The fact is "your boy" made a mess, and the economy tanked. Facts are facts, your rant isn't going to change it. Stuck in the past, and be careful what you wish for.
Why did bush destroy america
Errr, the world is bigger than america.
another conservative trying to rewrite history.
He didn't . He's just trying to get Clinton's -back. :)
Amen fellow Texan !!