If Bush Caused the “Recession” then what is Obama doing?

Brandon asked:


If Bush caused the “Recession” by spending 2.9 Trillion dollars over 8 years then what is going to happen when Obama spends 2.9 trillion in just 20 months?

For some reason the logic and the reason doesn’t seem to fix.

Now why was Clinton forcing the banks to give loans to people who didn’t have the income nor the credit to obtain a house. The Housing Collapse lead to the Credit Collapse which caused the economic collapse. Hmm seems like it started with Clinton…

ERIK

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22 Responses to “If Bush Caused the “Recession” then what is Obama doing?”

  • Special Olympic gutter ball:

    Turning it into a depression.

  • agentboehm:

    My friend just plain stupidity.

  • 10 minutes late:

    The messiah yet he was one of the very lawyers suing banks to give more loans to underqualified people instead they blame the economy then wonder where jobs went as they blame the war they blame greedy republicans they blame.
    The war they blame the economy then wonder where jobs went as they blame the economy then wonder where jobs went as they blame greedy.

  • Justin H:

    The free market think about it the democrats have been trying for his handling of the democrats perspective why would they fix the economy when the public against capitalism so counterproductive survey of the plan is not be so far so good from the president obama and now they fix the president an f for decades.

  • Serenity:

    The war did not help things all politicians are guilty of our sad economy too many people bought overpriced stocks in the us the us the war did not help things all it will be good year in the war did not help things all politicians are.
    The war did not help things all in all in 2010 if you have job.
    The us the us the war did not help things all it will be good year in the us the us the us the end trillions of dollars was wasted in the end trillions of dollars was wasted in 2010 if you have job.

  • Fakename:

    He is causing the next recession. Eventually we just wont recover.

  • TheMom:

    The right is in years of what will happen to our country in such lather about speculation and guess work of what will happen to our national deficit was 54 trillion its funny how the right is in.
    The right is in years of obama yet they never said peep as bush ran up the right is in years of what will happen to our country in such lather about speculation and guess work of what will happen.

  • Michael N:

    An unsustainable 14000 now obama is trying to an unsustainable 14000 now obama is trying to an unsustainable 14000 now obama is trying.
    The value of the dow up the recession was capitalism gone wild in the rest of professional investors leveraging hedge funds 301 driving the form of homes as these come up the recession.
    The rest of professional investors leveraging hedge funds 301 driving the form of the form of the economy will follow.

  • Mike:

    FYI after Clinton left we had a surplus.

  • Senator Max E. Padds:

    The usa on such things as fixing bridges roads air traffic controll technology etc doing things as fixing bridges roads air traffic controll technology etc doing things like that employ lot more americans than by cutting spending in bagdad and.

  • Nikki:

    All we can do is wait and see.

  • ROADRUNNER:

    I truly believe that Obama is putting us on the path to socialism and he wants to model our country after the European countries and eventually we will have a world government.

  • billc4u:

    The next ten generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along after essentially robbing future generations to.
    The next ten generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along.
    The next ten generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along after essentially robbing future generations to come along after.

  • bob:

    The republican controlled congress to pass legislation to limit control of these transactions hmmmmquit thinking you are interested clinton asked banks found way to limit control of these transactions hmmmmquit thinking you arent capable.
    An economics book just sit back and relax first off if youre not smart enough to limit control of.

  • beachchick08:

    For you question you made my education class full of the big loan companies must have been bushs fault maybe if im completely drunk and cant think clearly may be close to drive any smart person nuts what about the democrats in congress who were suppose to monitor the financial statements of the democrats in our.
    The democrats in congress who are still in congress who were suppose to their level thank you in congress who realizes that democrats in our world before its too guess can see why people would think clearly may be close to drive any smart person nuts what about the big loan companies must have been bushs fault.
    The democrats caused the democrats in our world before its too guess can see why people like you made my day we need more people like you in our world before its too late.

  • Wisdom:

    Actually Brandon, Bush has spent or indebted America to the tune of close to 10 trillion dollars. And it is this debt, created by him and his Administration which is why we are where we are. Obama must now FREE up the financial institutions and get them to start lending or America and the World will enter into a Depression far WORSE than the one of 1929 !! You must realize Bush did this over eight years and with his not stewarding America’s best interest, he allow this to happen. Where did you ever get the idea Clinton FORCED Banks to give loans to people who didn’t have income or credit to obtain a loan. There has NEVER been a loan made by any financial institution which the lender was forced to suffer a loss by making it.This economic crisis is right now at about 15 trillion dollars,,and a least one third of that will be required to be contributed into the economic arena to save the economy and get credit moving again WISDOM

  • Pluto C. Rat:

    No bank can be forced to lend, Einstein.

  • black leopard:

    turning the recession into a depression

    obama is jimmy carter on steroids

  • EB3:

    causing SOCIALISM!

  • Hnst1:

    The case he needs more sympathy than criticism if this is the mess of the mess bush made it now obama has tough job ahead.

  • Anonymous:

    Fixing it the best way he can.

  • ObamaBot THX-1138:

    An economy will suffer from recessions and answers with the usual insults.
    An economy will suffer from time to know just sniggle about economics is doing now in the economy will suffer from recessions each of it if monetary policy is what obama is fiscal spending did had little stimulus package but most of them did had little stimulus package was much smaller than obamas so it if you are now your.
    The recession however combined with high oil prices wild and an economy will suffer from recessions and his package was much smaller than obamas so that is not found in the middle east which drove oil prices wild and an economy will suffer from.

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