Posted by bad_luck on 9/15/2017 11:46:00 AM (view original):
I'm not blaming either administration. You're ignoring reality.
Regardless of who is/was president, if the economy crashes because demand disappears, cutting spending and/or raising taxes to fight debt is stupid because it does more harm to the economy.
Reality is Bush went into Iraq (stupid) and didn't monitor the mortgage market/I Bank regulations...another mistake. Dumbass. He and his administration are 100% to blame. Obama inherited a mess but I don't see anything that he did to fix the mess:
-- He spent all his political capital on that stupid healthcare reform that neither party likes and both want to amend.
-- He went overboard with his regulations, which froze credit and slowed the recovery. In my job alone the compliance work that is required is costly and mind boggling.
-- He left the World with the rise of Isis, mess in Syria, rise of Russian power (see Crimea); stronger N. Korea; Angered Israel with his stupid Iran deal
-- Under his leadership the racial tensions rose ridiculously high. See BLM, see Ferguson, see Baltimore.
-- He was supportive of the job killing TPP
Now you will come out and try to defend all this rhetoric. But the end result was the Country was angry and elected someone who is totally disparate from him in Donald Trump.