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Fact-checking Donald Trump's first presidential address to Congress

Lafayette said:
Piffle 'n drivel, drivel 'n piffle.

Your grasp of history is non-existent. Obama was handed on a silver-platter the worst recession since the Great One in the 1930s by an utterly incompetent Dubya Administration.

Open your blind eyes ...
Click to expand...

Many of the safeguards established following the Great Depression were eliminated over time. The greatest moves against them started in the 1970's and culminated in the final repeal of the Glass Steagall legislation signed by Bill Clinton. The blame for the Real estate bubble bursting is plentiful and is shared by every American who borrowed any money between 1970 and 2008. You may have shared in this, maybe not...

There have been numerous recessions and one Great Depression since 1928. Hoover was in office in 1928. Hoover never posted a growth rate in a year of greater than 3%. Every president since, including Roosevelt DURING THE GREAT DEPRESSION, did so. Obama did not. Astonishing.

To what do you attribute this? He started in a big hole and avoided the big recovery. Did the business community conspire to work against him or did he work against them?

Seems like the answer is pretty obvious. Have you checked your 401K in the last month?

What Was The Glass-Steagall Act? | Investopedia
 
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