even when you show them the official facts they still deny it. I guess I would deny it also.
Both our great depressions were at the end of long-term republican control:
Jan 1920-1932 = Entire republican government = Great Depression 1
Jan 2001-2007 = Entire republican government = Great Depression 2
Republicans controlled the entire govt for 6 years and created a disaster which they blame on Obama.
Between Jan 20, 2001-2009…under Bush’s policies of deregulation, lax regulation enforcement, corporate welfare and a 15% tax rate on stock profits for wealthy people:
Gasoline tripled from 1.44 to 4.11 per gallon (peaked July 2008)
Unemployment skyrocketed 80% from 4.2% to 7.8%…8.2% Obama’s first full month
Dow Jones stock market plunged 25% from 10,587 to 7,949
Budget went from a 236 billion surplus to a 1.3 TRILLION deficit (a 1.5 trillion drop)
National debt doubled from 5.7 trillion to 10.6 trillion (a 4.9 trillion increase)
Borrowed 2.5 trillion for tax cuts for mostly wealthy people
Borrowed a trillion dollars for two fake wars (all hijackers were from saudi arabia)
Borrowed a trillion dollars for Medicare part D which outlawed govt bulk discounts
Trillions in secret Federal Reserve loans to prop up wall street
USA losing 700,000 jobs monthly – unemployment rate growing 1% every 6 weeks
Economy in total freefall
This is called “common sense conservative government”
Obama inherited a total disaster and it will not be fixed overnight
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Will Republicans Ever Admit They Created A 2nd Great Depression?
Posted on June 21, 2011.
No
because we have not had a 2nd depression.
Tough to claim you created something that doesn’t exist.
(And of course all of your rant conveniently ignores the Democrat controlled congress and senate)
There’s no real reason to admit to something patently false.
Okay, Repugs created it, now what? You happy that Obama isn’t doing a f**king thing about it but making it worse?
All governments have been deregulating the banking system for years and this is the cause of the ‘financial crisis’.
It astonishes me that liberals refuse to even consider that the current president may be responsible for what has happened during his presidency.
They still won’t admit they caused the first one.
They can’t admit it because that would be opposed to everything the conservative ideology stands for. It would destroy them.
Conservatives claim to be fiscally responsible, yet they created the worst recession in 80 years.
Conservatives claim to be the party of personal responsibility, yet they can’t take ownership of a SINGLE problem they’ve created.
Conservatives claim to support small government, yet they want more government regulation of marriage and abortion.
You have to ignore some serious flaws and inconsistencies to make all these contradictory statements fit into one ideology.
Will you admit, like Obama’s own Chief of Staff just did, that the bureaucratic mess this administration has created for business is “indefensible” and “overwhelming”?
Right out of Daley’s mouth!!!http://www.washingtonpost.com/politics/w…
Bin Laden is dead! Thanks to the SEALs and Obama.
We were in a recession for three years under Bush, and they wouldn’t even admit that.
Well, with the gullibility of Bush, Republican greed, arrogance, and a feeling of entitlement almost pushed us into something much worse than the Great Depression, which is why I will NEVER EVER again vote to put them in charge of anything. Not even the city waste dump. BUT, they’ll never admit that happened, because they are trained to deny everything!
The current Recession started when Democrats took control of congress in 2007.
Your ‘facts” are in error on so many levels.
Obama and his Democrats created the “total disaster” and now have little or no interest in fixing anything. As i recall wasn’t the 787 billion dollar “stimulus” suppose to keep unemployment at 8% or less?
The Government takes in 30 trillion dollars in a 10 year period of time, the Bush tax cuts were 2.5% of that spread out over 10 years and went to people that worked for a living and paid taxes. No where near “2.5 trillion” You don’t have to “borrow” money for a tax cut.
As i recall the war was going on in the 90s where the Clinton government chose to ignore repeated attacks by Al quada and even ignored the warning given in 96 about the use of airliners as cruise missiles.
All in all you are lying thru your teeth, I would like President Bush back.
Republicans did not cause this mess it was the American people.
No they will not. I have heard that republicans have a saying let no good crisis go to waste. Well i guess that saying applies even if you created the crisis. They will try to blame democrats for the recession and use it to promotee their ideological agenda (destroying the middle class. They will continue to give the rich tax breaks and incentives on the backs of the middle and lower class