Failed Policies
President Obama, as he has for years, said again the other day that it was the failed Bush policies that got us into our economic mess.
But from all of his campaigning on that a couple of years ago, through now, I've never heard him explain exactly which Bush policies got us into this mess, and how they did it. He's handwaved at tax cuts, but he's never explained how tax cuts caused any economic problems other than, at worst, a higher deficit (which Obama has massively increased, through his vote for TARP in the Senate, then the stimulus and second TARP, and the health insurance bill, and so on). He's mentioned changes in bank laws that happened under Clinton.
Leave a comment