- Joined
- Jan 12, 2012
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- 5,939
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- Independent
LOL! You got PEANUTS in tax breaks, and health and health insurance costs have been completely out of control and increasing at rates two to three times the CPI for years. That's one big reason why health care reform was such a big deal. Republican contributions included ignorant whining about "death panels" and "government takeovers". When they were finally forced to send their feeble alternative off to CBO, it came back MORE expensive than the Democratic plan while leaving THE SAME percentage of Americans uninsured, even after ten years. What a bunch of losers!Really? Under Bush the middle class got a tax break. Under Obama we will get hit with higher health insurance premiums.
No, actually things went in the dumper right away, then made a brief and rather half-hearted recovery, then collapsed entirely. That middle period of course was paid for by swapping out US labor content in favor of Chinese labor content and then sucking equity out of people's homes. In economic terms -- as in most others -- Bush was a total failure.The only thing that happened under Bush was at the very end, and it was due to laws signed by Clinton.
GLB and CFMA (each a brainchild of the right wing) did lead almost immediately to a wave of rigged IPO's that bilked ordinary American investors out of billions, leading also therefore the need for passage of Sarbanes-Oxley. But neither they nor the dreaded CRA had any direct bearing on the eventual credit crisis and Great Bush Recession. All that grew up in 2002-06, born of wanton cowboy capitalism and the horrible fiscal, monetary, and regulatory policy errors of the Bush administration.