Another look at how bad Bush economic policy was: One method used to get out of a recession is to spend. If Bush had not squandered the balanced budget he was handled, the spending would not have been a big deal. Since he and congress did, the spending is a big deal.
You said this. So you are saying that Bush's economic policy did not fail?
If 911 hadn't happened if the democrats had made the tax cuts permanent.
You want to blame Bush yet make it look like you are not. Remember the recession started after the democrats took back the majority in congress. maybe that is the reason it happened.
Last edited by ptif219; 02-08-10 at 06:56 PM.
Let's start with this: Paul Krugman: This recession is Reagan’s legacy
As far as spending as to whether spending is a solution to getting out of a recession, experts are divided, which is why I referred to it as "one method". Does government spending help mitigate a recession?The increase in public debt was, however, dwarfed by the rise in private debt, made possible by financial deregulation. The change in Americaís financial rules was Reaganís biggest legacy. And itís the gift that keeps on taking.