A BRILLIANT and insightful article about what history will say of the President who guided America back from the brink of the ruination that was the Bush Great Recession.
"ruination that was the Bush Great Recession."
Brought to America courtesy of Harry and Nancy circa Jan 2007
Right.... They caused 30 years of deregulation and financial hijinx in the few months they controlled Congress before the economy went kablooey!
So now 48 months is a "few months" ?
We go "kablooey" every seven to eight years or so whether we need it or not. And who (not you I don't think) was it the other day who claimed that the deregulation started under Carter?
Pure right-wing revisionist bullshit.
Nine out of the last ten recessions have hit while there was a REPUB in the White House.
And every Repub president who's been elected for more than a HUNDRED YEARS has had at least one recession hit on his watch.
By contrast there have been four Democratic presidents in the last fifty years who had ZERO recessions hit while they were in office.
THAT IS NO COINCIDENCE
Actions cause consequences.
And Repub economic policies cause consequences: recessions job losses and massive debt accumulation.
In fact Repub presidents have added TRILLIONS more to the National Debt than Dem presidents have!
The historical record is clear.
Repub presidencies and recessions go hand in hand.
And the economy and the stock market have historically done vastly better WHEN THERE IS A DEMOCRAT IN THE WHITE HOUSE.