Posted by moy23 on 11/8/2013 4:15:00 PM (view original):
Posted by bad_luck on 11/8/2013 3:51:00 PM (view original):Blaming Clinton for the majority of the Financial Meltdown is silly. Some of his policies played a part in the matter but by the time the bubble had burst Clinton had been out of office for 7 years. If you want to reach then blame Reagan... He appointed Greenspan.
Posted by tecwrg on 11/8/2013 2:43:00 PM (view original):You think the brunt of the blame for the recession should be placed on Clinton?
Posted by bad_luck on 11/8/2013 2:35:00 PM (view original):Right. Like when the Democratic apologists try to spin the facts in order to place the brunt of the blame for the recession onto GWB when it more appropriately should be assigned to Bubba.
I think that it's possible and preferable to assign different levels of blame.
Realistically, I doubt there is much any president could have done to stop the recession before it happened.
Obama was too light on the response, though. The stimulus was too small, too short, and not targeted well. Greenspan should get some blame too. The Fed focused too much on interest rates and not enough on unemployment.