Obama is the Next FDR

[Bengalzona]

(06-06-2015, 09:32 PM)JustWinBaby Wrote: If you want to learn, as opposed to flinging nonsense, about the key events and pieces to stabilizing the economy, the link below covers it pretty well.  The critical stabilizers and remedial measures were all in place before Obama took office, most before he was even elected.

http://www.businessinsider.com/timeline-of-ben-bernankes-time-at-fed-2014-1

"saying Repubs didn't try to slow recovery for political benefit".....LMFAO, I guess they've been doing that successfully for about 8 years then.  Dems could ram through Obamacare but the Repubs blocked their recovery plans?!?  What the hell do you guys read?

I read it in the daily newspapers every day while it was happening. Where were you?

Numerous job bills were proposed by the Dems since the recession and all were opposed by Repubs. And they were opposed because the GOP didn't see any political benefit in it. And that is to say nothing of the right wing movements to shrink government which is synonymous with cutting federal and state jobs. As a result, unemployment has lingered. And the GOP hasn't given a rat's ass about it.

As for TARP, that was Bush and Bernankes' plan to bail out banks. That had nothing to do with recovery. That had to do with limiting damages. What has helped recovery is banking reforms, which started after Bush left office. A lot of people on the Right fought banking reforms as well because it represented government intervention and regulation of businesses.

Standing Bush up as the "Savior of the Recession" is as laughable as saying Obama was.