TC9094

Come on, you know the Repubs think everything is President Clinton's fault! He personally is responsible for every little problem in their lives.

DrJohnL

Yes, because they are either blind stupidor lying. Maybe all the above

travellingfellow

Common sense and reality aren't strong suits for Republicans. They still believe that they're the party of fiscal conservatism and smaller government, but the reality is that the Bush White House has seen the largest deficit in the history of the world and the biggest increase in federal government bureaucracy anywhere, at any time.But they won't believe it, they'll just continue to spout the party line, fed to them by corporate interests, Fox News, Coulter, Limbaugh and the rest off the right-wing blowhards. It's very sad.

4E4A

You better go back a few more years and see what things Slick Willy put in place that has created this muck and mire we are in today.

Think1st

It is a regular cycle.Man made of course.Reagan's voodoo economics created the Mortgage and Savings and Loan Crisis of 1989.Bush's voodoo economics created a eerily similar problem now.I call it the Voodoo cycle.

koalatcomics

it certainly is incompetence....CLINTONS....war root causes....uss coleclinton no responseafrican embassy bombings clinton no responsewtc oneclinton no responseat least six chances to capture or kill bin laden in sudanclinton no response.trade issuesnafta and gattCLINTONchina trade imbalanceslegislation authored by CLINTONgas issuesmontana land grab making millions of acres in the midwest inaccessible to drilling...CLINTONalaska epa protection removing land from drilling and also with national parks...CLINTONhousing issuessub prime...Henry Cisneros authored (CLINTON)and by the way, considering clintons..."legacy" how much of his actions did he actually answer for?- The only president ever impeached on grounds of personal malfeasance - Most number of convictions and guilty pleas by friends and associates* - Most number of cabinet officials to come under criminal investigation - Most number of witnesses to flee country or refuse to testify - Most number of witnesses to die suddenly - First president sued for sexual harassment. - First president accused of rape. - First first lady to come under criminal investigation- Largest criminal plea agreement in an illegal campaign contribution case- First president to establish a legal defense fund.- First president to be held in contempt of court- Greatest amount of illegal campaign contributions - Greatest amount of illegal campaign contributions from abroad- First president disbarred from the US Supreme Court and a state court contrary to the liberal defenses we hear...character does mattermost people know what is.....isand blame is more applicable to badly enforced policy like this: your right there is unprecedence here, but its in liberal whine, not actions by bush.

QBeing

Regardless of your feelings there is plenty of blame to go around. Republicans and Democrats spent assuming there would always be the easy money. The first "recession " That you blame Bush for had little to nothing to do with his policies. That "recession started about 12 to 18 months into his presidency, well guess what the presidents policies for economics do not go into effect until 18 to 24 months after he makes them, so we were still on Clinton policies when 9/11 hit.And while Clinton's policies help kick start the current housing crisis, both Republicans and Democrats preferred turning a blind eye, just assuming that 'the fit would never hit the shan' as it is doing nowYou can try to Blame Bush for everything, but that is just as partisan as you are accusing the Republicans of being.As I said there is plenty of blame to go around.

ChuckA7933

Blaming everyone esle for their problems have keep them in power for 28 of the last 40 years. I have a friend that actually believes that this economy is bad but it is Clinton's fault, and if the Republicans are voted out and the economy picks up, it is because of Bush. He blames everything now because the Democrats have done it since they were elected in 06, I asked him to produce any bill that wasn't vetoed by Bush that caused this recession, the only thing he could come up with was the passage of the minimum wage, he was shocked that it hadn't went into affect yet. They listen to Fox News and Fox Radio, I heard Rush Limbaugh just the other day say that Bush had the best economy in our nations history until the 06 mid term elections, the lady asked him then what brought the country down, the only thing he could think of was the demcrats voting down their trade policies. People need to see who is shipping their jobs overseas. They need to watch C-Span more and see EXACTLY how their representative are voting on issues. If they did, they would be very few republicans left in the senate and congress.

brown9488attnet8434

The current economic woes ARE part of a normal cycle, however there was plenty of foreshadowing of the mortgage crisis which has exacerbated it.Maybe two years ago there were people warning of a "bubble" in real estate prices. Banks were making loans knowing that the collateral was appreciating in value. It didn't take a rocket surgeon to realize that the banks were operating with little or no incentive to assure that the customer had the ability to pay off the loan since the collateral was gaining in value during the course of the loan.Most notably is that they were ignoring the "single point of failure" of this speculative system, which was inflated property values...the "bubble".At the same time there was a slew of market watchers who were not only saw it coming, but were already comparing it to the tech-wreck of the 90s.People holding the mortgages were trading them around like a hot potato, unconcerned about the overall impact of the crisis as long as they weren't holding on to them when the bottom dropped out.As for the Bush administration...well...no one really expected him to do much about anything economic (or anything else).It was pretty much a foregone conclusion that he would sit by and watch whatever bad thing that was going to happen, happen. That's pretty much what he does.It does underscore the fact that financial markets need third-party oversight for the overall good of the economy.Anyone who thinks that traders have any incentive to police their own actions are deluded. These are the same people who scream for the Fed to lower interest rates to "free up money" when things don't go their way.The financial markets are to large and interconnected in exotic ways, and investors have too many conflicting financial interests to expect the economy to correct itself in a timely manner.Capitalism still works, mind you...markets are self correcting. The problem is that with today's information technology trading moves at the speed of light and market corrections move at the speed that they always have.In the lag between the two...untold damage can be done to the overall economy.This is a relatively new development...and I think it would be unfair to place the entire blame on Bush...but that doesn't mean that he still not a poo poo head.

Max50

Yes it is a correction.Everytime a market take a dip we come back even stronger.It wasn't Bush who told banks to give money to people that shouldn't have loans.It wasn't Bush who told people to keep out spending their income.Yep the dollar dips and guess what that means.Companies overseas come here to buy things like tractors at John Deer. http://www.bloomberg.com/apps/cbuilder?ticker1=DE:USCaterpillarhttp://quote.morningstar.com/Quote/Quote.aspx?ticker=CATSo with a weak dollar money comes in and boost this country and we rebound.