The blame game...Bush!

[cowboy]

Bush Bush bo bush, banana fana fo fush, me mi mo mush, Bush!

I seems to me that Obama has blamed the past administration every time he turns around. Does anyone have access to lexis nexis? I'm interested to know if he is in uncharted waters here. I don't recall a president dissing past administrations like this, but maybe I'm wrong.

[SteelBlue]

Didn't Roosevelt blame Hoover forever?

[Commando]

I wonder if that gets him anywhere? I have an open mind, but I roll my eyes anytime the man in the seat where the buck stops tries to pass the buck.

[Jarid in Cedar]

I wonder if that gets him anywhere? I have an open mind, but I roll my eyes anytime the man in the seat where the buck stops tries to pass the buck.

They just throw the buck behind the chair so the next guy gets to clean it up look at the mess. Same thing in congress.

[Goatnapper'96]

Bush Bush bo bush, banana fana fo fush, me mi mo mush, Bush!

I seems to me that Obama has blamed the past administration every time he turns around. Does anyone have access to lexis nexis? I'm interested to know if he is in uncharted waters here. I don't recall a president dissing past administrations like this, but maybe I'm wrong.

Even liberals are having to admit that he never has been able to transition from campaigning to governing.

[PaloAltoCougar]

Didn't Roosevelt blame Hoover forever?

Shantytowns and other congregations of the destitute or homeless were called Hoovervilles throughout the Depression. Rightly or wrongly, blame for the Great Recession will likely always be laid at the feet of W.

[New Mexican Disaster]

Shantytowns and other congregations of the destitute or homeless were called Hoovervilles throughout the Depression. Rightly or wrongly, blame for the Great Recession will likely always be laid at the feet of W.

How could it wrongly be laid at his feet? Surely a few others should be in the room, too but it is his baby.

[byu71]

In case some don't know it, the recession is officially over. So go ahead and blame Bush for something that is gone. Obama wanted to be President to fix things, so fix them.

If we go into a double dip, it is Obama's recession, not Bush's.

[New Mexican Disaster]

If we go into a double dip, it is Obama's recession, not Bush's.

You are probably right about this although things are certainly more complex than that.

[PaloAltoCougar]

How could it wrongly be laid at his feet? Surely a few others should be in the room, too but it is his baby.

I don't know, but I threw that in for balance. Plus I was afraid if I didn't put that in some of the bullies over on CB would come and beat me up.

[byu71]

I don't know, but I threw that in for balance. Plus I was afraid if I didn't put that in some of the bullies over on CB would come and beat me up.

LOL, the bullies over there don't dare show up here. They know there are too many elite, intellectual, progressive, liberals over here who have your back.

They would get called "stupid" and run for the hills.

[il Padrino Ute]

How could it wrongly be laid at his feet? Surely a few others should be in the room, too but it is his baby.

Bush was in office when it was officially declared a recession and rightfully so. Obama's claim to fame can be that he made it worse.

[cowboy]

How could it wrongly be laid at his feet? Surely a few others should be in the room, too but it is his baby.

What did he do to cause it? Also, what could he have done to prevent it or make it better once it was here?

Presidents often get credit or blame for the economy when they usually have little effect on the economy for good or bad. Obama hasn't done anything to make it better, and his policies have done little to make it worse, though his rhetoric and fiscal policies have introduced uncertainty that has slowed the recovery.

[Pheidippides]

What did he do to cause it? Also, what could he have done to prevent it or make it better once it was here?

Presidents often get credit or blame for the economy when they usually have little effect on the economy for good or bad. Obama hasn't done anything to make it better, and his policies have done little to make it worse, though his rhetoric and fiscal policies have introduced uncertainty that has slowed the recovery.

In my opinion, this is the sole contribution that Obama has made to the economy. I am of the view that the influence of the President on the the economy is vastly overstated.

[byu71]

In my opinion, this is the sole contribution that Obama has made to the economy. I am of the view that the influence of the President on the the economy is vastly overstated.

So true. There is some agreement that this collapse was caused by easy fed money, easy terms for buying houses, massive leverage in the financial markets, unsustainable spending in Congress.


Bush might have been able to do something about Congress with vetoes. He also could have fought vigorously against the leverage, low rates by the Fed and making housing affordable for low income folks.

That would have slowed the economy and he would have been butchered in the press and on capital hill. Chuck Shumer would have been livid at the reduction in fees the folks were making on Wall St. with all the activity that was going on.

So easy money, speculation, leverage and people getting things they couldn't really afford led to this. The way Obama has chosen to get us out of this mess? Easy money, speculation, leverage and people getting things they can't afford.

I submit that alone tells us if we come out of this it has nothing or at least very little to do with the President.