In addition; the inflated value of the stock market did not necessarily mean that $4 trillion dollars disappeared; that is an impossibility. Where do you think this $4 trillion went? Did someone burn it in a bonfire?
What happened is the hyper inflated "value" of those stocks adjusted based on decisions made by private businesses to engage in risky investments.
Do you think this is the first time we have been in a recessionary period? Do you desperately believe the farcical claim this is the worst?
Now that stated, by the time YOUR "dear leader" gets done, yes it will be the worst recession in recent memory. Let's hope the American people come to their senses in the midterms and kick the Democrats out before the damage they do becomes irreparable.
What part are you attempting to point to; the National Debt? Okay, what part do you not get that Obama's spending will add more to that debt than the last four Presidents combined?
I am curious, what are you attempting to defend here? Obama's spending us into $1.8 trillion deficit with MUCH more to come?
It went to China who we are in great debt to due to Bush's heavy borrowing. $4.9trillion actually.In addition; the inflated value of the stock market did not necessarily mean that $4 trillion dollars disappeared; that is an impossibility. Where do you think this $4 trillion went? Did someone burn it in a bonfire?
But again, all this is begging for a point. What is your point? That the Democrats spending us into a $1.8 trillion dollar deficit with MORE to come is a GOOD thing because Bush did it on a smaller scale? You're kidding me right?
Also, my main point is that regardless of the rhetoric you use, Republicans are bigger spenders than Democrats. Yes, Obama's deficit spending is tremedous, but I will wager that the quality of life for American's will improve dramatically as it has always done under Democrat control.