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5 Reasons Americans Are Right To Blame Bush For The Economy


US Politics & Gov't  (tags: bushadministration, congress, americans, economy, war )

Jason
- 917 days ago - thinkprogress.org
Sixty-eight percent of Americans -- including 49 percent of Republicans -- say President George W. Bush is responsible for the state of today's economy, a new Gallup poll finds.



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Comments

l L. (1)
Thursday June 14, 2012, 7:25 pm
You know; the republicans like smearing their opponents. But they cry foul if you take the time to methodically correct their lies. During the health care bill; and afterwords complaints were dems should have explained it to the public. Got bad messaging techniques. And when we take the time to explain and debunk republican lies as the whys and where fores. We should not do that. So everything you do must be approved by the republican party. And the dems say---YES SIR--. Dems say, the dems should say and do this and that. Are you a dem-- you say it if it needs saying. geez .....
DOn't explain this, don't correct that... act like a republican... get their approval... to contest their position and actions.. Don't blame republicans... don't look backwards ... look forward...
If it were me ... I would be nuts by now, listening to the dems and their republican friends...
geeze louise.
 

John Gregoire (262)
Friday June 15, 2012, 4:32 am
Sorry, I believe this about as much as I believe the Democrats are saints on a pedestal who do not lie. I remember " I invented the Internet"," I did not have sex with that woman" and many other duplicitous statements by prominent Dems. The economy has tanked under Obama and, thanks to unjust Fed manipulation, American net worth has plummeted 40% in the last 3.5 years!
 

Arielle S. (317)
Friday June 15, 2012, 7:20 am
Was there ever any question? Bush took the country when it was doing well and had the world's sympathy after 9/11 and he turned us into a bunch of arrogant, fearful whiners who have lobbyists and big business telling us every thing we are or are not allowed to do.
 

Gloria picchetti (300)
Friday June 15, 2012, 11:07 am
Bush was the worst thing that ever happened to the US.
 

Kevin A. (68)
Friday June 15, 2012, 12:13 pm
George H smiled as he told us point blank that there will be a New World Order. Everything George W did seems to have been in furtherence of that goal.
 

Past Member (0)
Friday June 15, 2012, 12:23 pm
Bush was the height of the 4th reich's fascism coming to fruition in the only country it could be done. Right here in sheepsville. Karl Rove, "the architect", put 14 steps to fascism in play as it is today via obstruction and continuing misinforming the sheep.

http://www.favreau.info/misc/14-points-fascism.php

Thanks, Jason
 

Dave C. (227)
Friday June 15, 2012, 12:30 pm
only thing worse than economy starting its downward fall under Bush is the wars and upward environmental destruction that began....and unfortunately none of the 3 has improved much......however, I still have hope with a 2nd term Mr. Obama (or if we had a truly progressive/green candidate) rather than a flip-flopping lying republican like Mr. Romney who will continue to rob the poor to feed the rich.....
 

Scarlett P. (126)
Friday June 15, 2012, 1:43 pm
This tells the story, why Bush was so bad at the end of his term.

Some people aren't aware of all of this. Don't just skim over this, please read it slowly and let it sink in. If in doubt, check it out.

The day the democrats took over was not January 22nd 2009, it was actually January 3, 2007... the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.

The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.

For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:

January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:

The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%

George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
Remember the day...

January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES!

Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!

Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.


And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress
So when someone tries to blame Bush..

REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party.

Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.

And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.

If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is "I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th."
 

Scarlett P. (126)
Friday June 15, 2012, 2:01 pm
This tells the story, why Bush was so bad at the end of his term.

Some people aren't aware of all of this. Don't just skim over this, please read it slowly and let it sink in. If in doubt, check it out.

The day the democrats took over was not January 22nd 2009, it was actually January 3, 2007... the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.

The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.

For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:

January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:

The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%

George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
Remember the day...

January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

The economic meltdown that happened 15 months later was in what part of the economy?
BANKING AND FINANCIAL SERVICES!

Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!

Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.


And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress
So when someone tries to blame Bush..

REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party.

Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.

For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.

And where was Barack Obama during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009.

If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.

If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is "I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th."
 

Vicky P. (466)
Friday June 15, 2012, 2:05 pm
they are all to blame at this point since Obama didn't make it any better, and he's spending on crap that isn't helping .
 

Robert Tomlinson (65)
Friday June 15, 2012, 2:39 pm
John are you serious? Those two statements did not cause people to lose their lives. They did not cause people to lose their livelihoods. They did not cause massive debt. BUT all these things did happen under Bush 43. As for the economy tanking under Mr. Obama......This economy is a heck of a lot better now than when he took over the White House. It would be even better if the republicans were more patriotic and truly cared about this nation. They are determined to stop any type of progress in order to score points on election day....by defeating Obama.
 

Allan Yorkowitz (448)
Friday June 15, 2012, 2:42 pm
I don't see any reason to debate why, if these are legitimate arguments(?), this administration has not directed its focus on changing these issues?Number 4 was interesting -"Ran Up a Tap on Two Wars"- from what I have been reading, Obama was been running up a military tab in Afghanistan that Bush never imagined.
 

Helle H. (21)
Friday June 15, 2012, 3:02 pm
Don't let the republicans take over again. They'll ruing your country. Obama is doing good even with all the republicans trying to stop him form all the good things he wants to do.
 

Jacqueline Moore (29)
Friday June 15, 2012, 3:46 pm
Look Rep. or Dem.... They ALL have played a role to wreck this country and make it great.
George W. Bush was an awful president, and that is a fact, regardless of how you feel. I have an ex-roommate whom feels that he was the greatest president. Obama inherited this country from the prior president, does that make him the bad guy? Until we ALL (as Americans) learn to work together and make this country the place where we can be proud of calling home; and vote the people in office who will not take bribes and choose greed over what is right, we will continue to point fingers at bad presidents.... We have to look at the support reps. and build a strong foundation, we have to make our voices heard and not stand for drunken frat monkeys to make our decisions...
 

Fred Krohn (34)
Friday June 15, 2012, 3:54 pm
I tend to blame Komrad Wilhelm Klinton the Coward of Leeds, Whitewater Wart-hog and Borkup Obummer, the illegal alien invader in teh Whitehouse, for most of these problems. Shrub (Bush JR) was just too stupid to fix the mess Komrad Klinton left him.
 

Roseann d. (178)
Friday June 15, 2012, 5:14 pm
I see your icon/avatar of Ronnie Raygun there Scarlett... Can we increase taxes like Ronnie did, he did so more than you'd care to admit. And economic growth under BushCo... I see you're into revisionist history but there's no polishing a turd.
 

Nyack Clancy (451)
Friday June 15, 2012, 6:04 pm
Two wars and tax breaks were enough to bankrupt this country.

At least Obama has ended the war in Iraq, so things will be better by next year regardless of who is president. Watch Romney try to claim credit for a better economy because Obama ended the Iraqi war.
 

Mary Donnelly (47)
Friday June 15, 2012, 6:25 pm
Thanks Jason,

No doubt GWB had something to do with the mess in which the USA now finds itself, but 30 years of mismanagement by Presidents of both parties was the underlining cause.

People, organisations, nations, can't live beyond their means indefinitely--not even in the USA.
 

Kamila A. (141)
Friday June 15, 2012, 8:52 pm
Cheney and Bush will be indicted for war crimes as soon as the truth comes forth about 9/11. End of a bad, sad, tragic story.
 

Shirley A. (96)
Friday June 15, 2012, 9:06 pm
Love It Roseann D. Calling the crap out for what it is.
 

Virginia Esquer (8)
Friday June 15, 2012, 11:50 pm
george bush worst president
 

Anthony Hilbert (6)
Saturday June 16, 2012, 6:48 am
John Gregoire, you are living proof that a true believer can even change his own memory to fit his beliefs. The rest of us, who saw the crash before Obama was elected, recall it differently.
 

Rebecca Y. (26)
Saturday June 16, 2012, 2:03 pm
Bush Junior was a terrible President. He really screwed up this country but the Republicans just can't admit it!
 

Wayne W. (12)
Saturday June 16, 2012, 2:05 pm
John Gregoire, you've got some nerve!!!!!!! Knock it off.
"American net worth has plummeted 40% in the last 3.5 years"

Sliding home values knock 40 percent from U.S. household median net worth
"Sinking home values have contributed to a 39 percent decline in the median U.S. household from 2007 to 2010."

That's 2007-2010. You don't think that the 2008 crash had something to do with that? Where do you get your information? Or do you just make it up? We're gpoing to need an apology on this one.
 

Wayne W. (12)
Saturday June 16, 2012, 2:11 pm



The median family’s net worth dropped to $77,300 from $126,400 in 2007. The wealthiest 10 percent of families saw their median net worth rise 1.9 percent to $1.17 million.

Before the recession hit in December 2007, household net worth peaked at $66 trillion. It fell to $54 trillion in 2008, according to the Fed. It was $63 trillion in the first quarter of 2012, but that amount does not reflect the stock market’s slide since.

The Fed estimates Americans lost $7 trillion in home equity due to a housing bust that followed a surge in mortgage defaults after 2006.

http://gantdaily.com/2012/06/12/sliding-home-values-knock-40-percent-from-u-s-household-median-net-worth/
 

Wayne W. (12)
Saturday June 16, 2012, 2:22 pm
Scarlett P., what are going on about?????

Rupert Murdoch's Wall Street Journal:
Bush on Jobs: The Worst Track Record on Record
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

Even a high schooler knows the fiscal year of the United States runs from October 1 to September 30. The 2009 budget was Bush's last, not Obama's first. Again, what are you talking about????
 

Jim Phillips (3201)
Saturday June 16, 2012, 3:15 pm
Looks like Scarlett copied from somebody else from some guy in SF...
Or is this from a g o p playbook...

Reading anything by Scarlett is a waste of time...

Bush is the worst prez of all time, without a doubt. A fascist.

Ty, Jason.
.
 

Craig Zimmerman (86)
Sunday June 17, 2012, 6:36 am
The roots of the Great Recession began long before George W. Bush. The base of any successful economy is industry and we have been exporting millions of well-paying manufacturing jobs for decades.
 

Craig Zimmerman (86)
Sunday June 17, 2012, 6:39 am
It's also about time that President Obama started taking responsibility for his actions of the past three years. Obama has not done nearly enough to ease the foreclosure crisis and create jobs.
 

chris b. (38)
Sunday June 17, 2012, 6:45 am
duh
 

Maggie Carmel (5)
Monday June 18, 2012, 9:44 am
He definitely killed our country, you definitely have to be blind and stupid not to see this.
Also, how do people except our current president to fix eight years of stupid decisions that sunk us, in just four years.
 

Barbara C. (1)
Tuesday June 19, 2012, 10:58 am
George W. Bush will go down in history as the worst President we ever had.
 
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