United States News
See other United States News Articles
Title: It's been four years since Bush was responsible for economic policy
Source:
[None]
URL Source: http://thehill.com/blogs/blog-brief ... esponsible-for-economic-policy
Published: Aug 10, 2010
Author: Michael O'Brien
Post Date: 2010-08-10 14:48:52 by no gnu taxes
Keywords: None
Views: 24965
Comments: 53
It's been four years since President George W. Bush could be held responsible for the nation's economy, Sen. Jim DeMint (R-S.C.) said Monday evening. DeMint dismissed a key part of Democrats' midterm messaging — warning voters against a return to Bush-era policies — reasoning that Democrats have been controlling U.S. economic policies during the past four years in which they've controlled Congress. "The president [Obama] keeps saying he inherited this, but the fact is that it's been four years since President Bush had anything to do with economic policy," DeMint said during an appearance on WVOC radio in South Carolina. The South Carolina conservative sought to rebut an argument advanced by Democrats from President Obama on down in recent months: Returning Republicans to power in Congress would mean a return to some of the policies voters found less popular during the Bush administration. "The policies that crashed the economy, that undercut the middle class, that mortgaged our future, do we really want to go back to that, or do we keep moving our country forward?" Obama said Monday at a Democratic fundraiser, part of a sustained effort to hammer away at Bush. DeMint said, though, that some of the bills voters find most distasteful had been advanced during the past four years, after Democrats won back control of the House and Senate from Republicans in the 2006 elections. "The Democrats have been in control of both houses of Congress for four years now. Congress writes economic policy; they spend the money," he said. "So it was the Democrat Congress that wrote the TARP bailout, they did the stimulus, they did the 'Cash for Clunkers.' They have done the healthcare, the financial bill. This is an unchecked Democratic agenda."
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: no gnu taxes (#0)
Good post. People always want to excuse the horrid legislation passed by the DEMOCRATICALLY controlled congress which helped get us into this mess. Pelosi, Reid, Obama, Bush, Clinton. All share blame.
Being a Democratic shill means you check your humanity at the door.
The Left and this administration have used this to hide behind for almost two years now, the Pelosi led congress for almost four years. Its not working, in fact its becoming increasingly clear its counter productive politically. This is the Democrats economy, folks. It SUCKS. And its getting worse. Next year is going to be even uglier than this year has been to date, and I don't believe we've seen the worst of 2010 economically yet. I can see November from my house....
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Tell me. The VA is only giving out a 1.8%? raise this year.
The rats are abandoning ship. http://news.yahoo.com/s/ap/20100806/ap_on_bi_ge/us_obama_economic_adviser Romer says her White House departure long planned
The really important issue is that Dems admit daily they cannot fix anything. Only if they are the only party can they have any effect .
-----------------------------------------------------------
So...you'll excuse Boy Blunder because it's been four years but blame Clinton because it's been nearly 10. That said, the fault is rightly laid squarely at the feet of the occupant in the Oval Office in 2005 when the seeds of the bubble were sown...and 2006 when the first conduit failed and 2007 when it was apparent that the Compttoller of the Currency was in total abdication of his duties.
The Bush family destroyed the Republican Party that Goldwater and Reagan tried to build and now they've destroyed the country. You Bush sycophants make Sick.
More uniformed nonsense from you. What a surprise. Bush's big spending programs originated during his first term in office, when the GOP ran Congress.
You phony, liberTARDian Obamasskissers make me want to puke on you.
Guess what tard, Booosh hasn't been POTUS for over 18 months and your democrats have been the majority in congress for nearly 4 fookin years!
I guess Bush wasn't all that good at being "The Decider".
"See in my line of work, you got to keep repeating things over and over and over again for the truth to sink in, to kind of catapult the propaganda." --- George W. Bush (Rochester NY, 5-24-2005)
They're not my Democrats. You on the other hand have your head so far up the Bush family's rear that you haven't had a breadth of fresh air for decades.
Jerry Ford vetoed more bills in his short time in office than Bush did in his entire 8 years in office. Bush created the aweful spending in his first term. In his second term he gave us TARP. The GOP butt lickers love the Bush family. They salivate over the idea that Jeb may get into the 2012 race. It's kind of like a low budget version of the Kennedys
He compromised with the liberals which usually turns out to be a mistake. How's your boy Obama doing, sot?
You fookin phony, you're so full of shit your eyes are brown. Your nose is too from kissing Obama's ass.
Where have I said one word about Obama or appologized for anything he has done. Nowhere. On the other hand, your Bush presidental knee pads are very warn out. Swallow hard, Mr. Independent so it doesn't leave a stain.
Glass–Steagall, signed and supported by Clinton. If you don't know what that law did to the finances of this nation, go back to school and educate yourself. And since you're showing signs of senility, I've put adequate blame on Bush for this situation we're in. I've said this time and time again.
Being a Democratic shill means you check your humanity at the door.
That's exactly what indicates you are a phony and an Obamasskisser. Who do you think you're bullshitting?
Bush's big spending programs originated during his first term in office, when the GOP ran Congress. I didn't deny this. I despise the Republican congresses budgets, as well as Pelosi's. Do you deny how damaging the Democrats were in congress???
Being a Democratic shill means you check your humanity at the door.
Actually, he threatened to veto it but it would have been overridden. That act had very little to do with the financial crisis.
That act had very little to do with the financial crisis. ************ZOT*************** Sorry, War just failed econ 101. It had a role that shouldn't be minimized. And the fact is that Clinton signed it. Don't apologize for one of the worst Presidents in history, ya shill.
Being a Democratic shill means you check your humanity at the door.
Clinton signed Glass-Steagall??? I didn't realize that Clinton was President in 1933. All hat, no cattle.
Still have a liplock on fookin Clinton too, don't you Obamasskisser? You are indeed a certified loser.
The end result will be the same. At least the Democrats don't pretend to be for limited government. like the GOP liars. When I was a kid my parents always taught me that lying is the wost thing you can do, because you can't depend on a Liar. We can't depend on the liars in the GOP.
When I was a kid my parents always taught me that lying is the wost thing you can do, because you can't depend on a Liar. We can't depend on the liars in the GOP. Agreed. The GOP is but fractionally better than the traitorous Democrats.
Being a Democratic shill means you check your humanity at the door.
Comparing the GOP to the Democrats in limiting government is like comparing a surgeon to Jack the Ripper on drawing blood. Fiscally, Bush was exactly what he campaigned to be.
Fine. Tell me what you believe that role was. And Clinton was one of the best in my lifetime.
Fiscally, Bush was exactly what he campaigned to be. Yep...the biggest jumps in government spending, debt and deficits have always occurred during republican presidencies. But Boy Blunder "governed" nothing like he campaigned. The wars alone render that moot.
Yep...the biggest jumps in government spending, debt and deficits have always occurred during
Chuckles...wrong Paddy old boy...
Always? Honestly?
Yepper...Nixon...Reagan...Poppy...Boy Blunder...HUGE spenders and borrowers...
You're not being honest. You left out Obama and made up some other character.
Nope. Didn't make anything up.
You said "always". That isn't true.
Since I've been alive...
And Clinton was one of the best in my lifetime. More obfuscation and misdirection. We've discussed Glass-Seagall at length in the past. What, you approaching 70 or something???
Being a Democratic shill means you check your humanity at the door.
Stone, He's the most intellectually dishonest lefty on LF. Why bother AKA? Why bother?
Being a Democratic shill means you check your humanity at the door.
War just admitted he isn't alive. Or he doesn't know Obama is president. Or he is stupid. You choose. Yes I know what you said is a fact.
No we haven't.
Chuckles...all he can do is nit pick words. he knows goddam well that debt and spending exploded under those GOP POTUS'.
Yes, the Republicans are much worse. Starting / Ending Debt per GDP by Presidential Term:
They fly by night...
Yep.
Obama's first all-by-his-lonesome budget, btw, calls for a $1.17 trillion deficit.
Excellent graph. In Reagan's defense, Carter basically gutted defense during his administration, so he had to play catch up against the USSR. Spending jumped, but then so did tax revenue jump as well. What's glaring is both Poppy and Junior spending like the drunk globalist sailors and socialist they were.
That turned out not to be true. Spending jumped, but then so did tax revenue jump as well. Of course, Reagan raised taxes.
In Reagan's defense, Carter basically gutted defense during his administration, so he had to play catch up against the USSR. Spending jumped, but then so did tax revenue jump as well. I was in the Air Force during the last two years of Carter and first two years of Reagan. Yep, Carter nearly destroyed the military through neglect. We had planes that couldn't fly because we couldn't get spare parts. Our measly paychecks were held up because Carter vetoed small raises that Congress passed. Base after base was failing readiness inspections. People who wanted to make a career of the military got frustrated and left after 8, 10 and 12 years. It was unbelievable. Reagan fixed it all, very quickly. Still, Reagan didn't make much of an effort to cut domestic spending. This is what pissed off people like David Stockman. What's glaring is both Poppy and Junior spending like the drunk globalist sailors and socialist they were. Yep. Unfortunately, there are too many people in the GOP who worship at the feet of the Bush family. That's a problem.
Of course Reagan had to play catch-up against the Soviets; Carter totally ignored and neglected the updating or maintaining the military. Everyone knows that, Lucy. Of course, Reagan raised taxes. Congress raised taxes. The Congressional Dems. But all was well that ended well - Americans standard of living, creativity, and patriotism ALL rose during Reagan's reign. And he was the last non-globalist-Firster/America-First President we had.
Still, Reagan didn't make much of an effort to cut domestic spending. This is what pissed off people like David Stockman. There ya go, Lucy - from a guy who was there. I agree with your assessment of domestic overspending. Unfortunately, there are too many people in the GOP who worship at the feet of the Bush family. That's a problem. Many have since changed their tune, but the damage is done. And despite actual conservatives SCREAMING that Bush's socialist programs were killing us, the enablers purposely neglected to criticize that part of Dubya's game - not to mention his dopey, illegitimate foray into Iraq.
Unfortunately, the big mouths on the TV and radio like Hannity haven't changed their tune. All they do is talk about stinking Bush. It's surreal to me. I cast my first vote in 1980. I voted for Reagan. I voted for Reagan again in 84 even though I was unhappy that he didn't try harder to rein in domestic spending. I did NOT vote for Bush in 1988 because I knew he wasn't Reagan's "heir apparent" as was being claimed at the time. He wound up being a miserable failure. I supported Jack Kemp in 1988 primary and then I voted for Ron Paul (LP candidate) in the general election.
I was at Pope Air Force base -- right next to Fort Bragg. We were responsible for moving the 82nd Airborne, Green Berets, Army Rangers, and some black ops troops. It was an important base to the national security of the country. We had 3 squadrons of C-130s. We had to gut one of the squadrons to keep the other two in the air because we didn't have the money to get spare parts. We were on the brink of not being able to keep the second squadron in the air. Base after base was failing their inspections. We were next to get inspected. At the last minute, Carter's Secretary of Defense cancelled our inspection because they knew we would fail and they didn't want any more heat from the DEMOCRATIC Congress. Remember, this was during the Iranian hostage crisis. Someone leaked all of this to Jack Anderson (he was literally the "Walter Cronkite" (trusted source) of the print media back then). Anderson wrote a column about it, featuring Pope AFB. All hell broke loose. A few months later, Reagan won in a landslide. Thank god for that. I was there. I remember all this just like it was yesterday.
LiberTARDian LOSER!
Cronkite was a flaming liberal!
#2. To: no gnu taxes (#0)
#3. To: Badeye (#2)
don't believe we've seen the worst of 2010 economically yet.
#4. To: Badeye (#2)
This is the Democrats economy, folks. It SUCKS. And its getting worse.
#5. To: no gnu taxes (#0)
Toss: ADL,CAIR and the Vatican into the pit they belong in.
#6. To: Nebuchadnezzar (#1)
#7. To: no gnu taxes (#0)
#8. To: Nebuchadnezzar (#1)
#9. To: jwpegler, no gnu taxes (#7)
#10. To: jwpegler (#8)
Bush's big spending programs originated during his first term in office
#11. To: Ibluafartsky (#10)
Guess what tard, Booosh hasn't been POTUS for over 18 months and your democrats have been the majority in congress for nearly 4 fookin years!
#12. To: Ibluafartsky (#10)
#13. To: mininggold (#11)
#14. To: mininggold (#11)
I guess Bush wasn't all that good at being "The Decider".
#15. To: jwpegler (#12)
They're not my Democrats.
#16. To: Ibluafartsky (#15)
#17. To: war (#6)
So...you'll excuse Boy Blunder because it's been four years but blame Clinton because it's been nearly 10.
#18. To: jwpegler (#16)
Where have I said one word about Obama
#19. To: jwpegler (#8)
More uniformed nonsense from you. What a surprise.
#20. To: Nebuchadnezzar (#17)
Glass–Steagall, signed and supported by Clinton.
#21. To: war (#20)
Actually, he threatened to veto it but it would have been overridden.
#22. To: Nebuchadnezzar (#17)
#23. To: jwpegler (#22)
I didn't realize that Clinton was President in 1933.
#24. To: Nebuchadnezzar (#19)
#25. To: jwpegler (#24)
The end result will be the same. At least the Democrats don't pretend to be for limited government. like the GOP liars.
#26. To: jwpegler (#24)
At least the Democrats don't pretend to be for limited government. like the GOP liars.
#27. To: Nebuchadnezzar (#21)
It had a role that shouldn't be minimized.
#28. To: no gnu taxes (#26)
Comparing the GOP to the Democrats in limiting government is like comparing a surgeon to Jack the Ripper on drawing blood.
#29. To: war (#28)
republican presidencies Democratic Congresses.
#30. To: no gnu taxes (#29)
#31. To: war (#28)
Yep...the biggest jumps in government spending, debt and deficits have always occurred during republican presidencies.
#32. To: A K A Stone (#31)
#33. To: war (#32)
#34. To: A K A Stone (#33)
#35. To: war (#34)
#36. To: A K A Stone (#35)
#37. To: war (#27)
Fine. Tell me what you believe that role was.
#38. To: A K A Stone (#35)
You said "always". That isn't true.
#39. To: Nebuchadnezzar (#38)
#40. To: Nebuchadnezzar (#37)
(Edited)
We've discussed Glass-Seagall[sic] at length in the past.
#41. To: Nebuchadnezzar (#38)
#42. To: no gnu taxes, war, liberator, A K A Stone (#26)
(Edited)
Comparing the GOP to the Democrats in limiting government is like comparing a surgeon to Jack the Ripper on drawing blood.
President Term Starting Debt per GDP Ending Debt per GDP Change in Debt per GDP Truman 1945–1949 117.50% 93.10% -24.40% Truman 1949–1953 93.10% 71.40% -21.70% Eisenhower 1953–1957 71.40% 60.40% -11.00% Eisenhower 1957– 1961 60.40% 55.20% -5.20% Kennedy/Johnson 1961–1965 55.20% 46.90% -8.30% Johnson 1965–1969 46.90% 38.60% -8.30% Nixon 1969–1973 38.60% 35.60% -3.00% Nixon/Ford 1973–1977 35.60% 35.80% 0.20% Carter 1977–1981 35.80% 32.50% -3.30% Reagan 1981–1985 32.50% 43.80% 11.30% Reagan 1985–1989 43.80% 53.10% 9.30% Bush I 1989–1993 51.10% 66.10% 15.00% Clinton 1993–1997 66.10% 65.40% -0.70% Clinton 1997–2001 65.40% 56.40% -9.00% Junior 2001–2005 56.40% 63.50% 7.10% Junior 2005–2009 63.40% 83.40% 20.00% Obama 2009–2013 83.40% TBD TBD
#43. To: jwpegler (#42)
#44. To: Ibluafartsky (#4)
#45. To: jwpegler (#42)
#46. To: Liberator (#45)
...he had to play catch up against the USSR.
#47. To: Liberator (#45)
(Edited)
#48. To: lucysmom (#46)
Spending jumped, but then so did tax revenue jump as well.
#49. To: jwpegler, lucysmom (#47)
(Edited)
I was in the Air Force during the last two years of Carter and first two years of Reagan. Yep, Carter nearly destroyed the military through neglect. We had planes that couldn't fly because we couldn't get spare parts. Our measly paychecks were held up because Carter vetoed small raises that Congress passed. Base after base was failing readiness inspections. People who wanted to make a career of the military got frustrated and left after 8, 10 and 12 years. It was unbelievable. Reagan fixed it all, very quickly.
#50. To: Liberator (#49)
(Edited)
Many have since changed their tune
#51. To: Liberator (#49)
(Edited)
There ya go, Lucy - from a guy who was there.
#52. To: jwpegler (#50)
I voted for Ron Paul (LP candidate) in the general election.
#53. To: jwpegler (#51)
Jack Anderson (he was literally the "Walter Cronkite" of the print media back then).
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]