The Vindication of George W. Bush

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But they did get a beget past which something that Obama has NOT been able to do, I know there are people out there that would jump off a cliff before they would admit that Bash (or any Repubican, starting with Lincon) could do anything right. 😃
What did Bush do that Obama couldn’t? Neither one of them ever balanced a budget, nor did either of them shrink the deficit.
 
It is always easier to cut taxes than spending.
In this regard, the only fiscally responsible president was GWHBush. Once Kuwait stopped payments for the Gulf War, he withdrew troops. Even at this, he had to raise taxes to try to balance the budget. Of course, this became an unpopular move and he was defeated in 1992.
 
He did have to put up with the other party, unlike Mr. I Am Rumming for President of the World who could not get a budget, balanced or not, for at least three years running WITH his own party in power. :eek:😃
But at least he didn’t have his Vice-President go on spouting ā€œDeficits don’t matterā€ to justify his budgets.
 
Obama on the other did it by entitlements and stimulus spending that didn’t work.
This is what the Republican governors were saying as they were happily collecting that stimulus for their states.

Oh, and what about the stock market that climbed from 6000+ to 13000 after that stimulus spending? What about the TARP repayment? What about GM repayment? What about the AIG repayment after the severe 2008 banking crisis? No complaints there AFAIK.
 
This is what the Republican governors were saying as they were happily collecting that stimulus for their states.

Oh, and what about the stock market that climbed from 6000+ to 13000 after that stimulus spending? What about the TARP repayment? What about GM repayment? What about the AIG repayment after the severe 2008 banking crisis? No complaints there AFAIK.
Ok no one is NOT going to take free money.

And I venture to say/concede that it may have worked, but at the cost of generations to come. 16 Trillion dollars in debt was not worth it. That amount may very well be unrecoverable.
 
The alternative was a world wide financial collapse and Great Depression.
 
What did Bush do that Obama couldn’t? Neither one of them ever balanced a budget, nor did either of them shrink the deficit.
But Obama promised hope and change. He promised bills would be on the internet for Americans to view. He promised transparency. He sold America that these deficits were bad for us. etc…
 
In this regard, the only fiscally responsible president was GWHBush. Once Kuwait stopped payments for the Gulf War, he withdrew troops. Even at this, he had to raise taxes to try to balance the budget. Of course, this became an unpopular move and he was defeated in 1992.
Bush the elder did not want the war to cross into Iraq. Some argue he should have.
 
The alternative was a world wide financial collapse and Great Depression.
Yea. I know. They should have let it happen.

We would have come roaring back like we did after the Great Depression. Granted it was WWII that got us out, but we came roaring back like never before.

Now we have a prolonged ā€œminiā€ depression/unemployment that will last for who knows how long.
 
What did Bush do that Obama couldn’t? Neither one of them ever balanced a budget, nor did either of them shrink the deficit.
Let me see now, it took Bush EIGHT years to double the national debt; it took Obama THREE years double it againl That is half a trillion a year (Bush) v. just over a trillion a year (Obama). So, who was the clouser to not over spendting? I do not think you are dumb enough to close ranks behind your ā€˜great leater’ to say Obama. šŸ˜‰:rolleyes:
 
Let me see now, it took Bush EIGHT years to double the national debt; it took Obama THREE years double it againl That is half a trillion a year (Bush) v. just over a trillion a year (Obama). So, who was the clouser to not over spendting? I do not think you are dumb enough to close ranks behind your ā€˜great leater’ to say Obama. šŸ˜‰:rolleyes:
šŸ‘ I love how this gets ignored.
 
Yea. I know. They should have let it happen.

We would have come roaring back like we did after the Great Depression. Granted it was WWII that got us out, but we came roaring back like never before.

Now we have a prolonged ā€œminiā€ depression/unemployment that will last for who knows how long.
I’d typically be inclined to agree with you. Ideally poor business decisions should lead to business failures. Unfortunately due to the severity of ā€˜over’ deregulation during the proceeding years, the economic models universally acknowledged a domino effect fiscal collapse and global Great Depression of unimaginable proportions. While I’d heavily advocate that drastic mistakes were made with the bailouts, they were needed to advert the aforementioned catastrophe. There’s been a few interesting essays about the one of the principal architects of that model and corresponding bailout, he left the industry soon after out of disgust. As both government and corporate officials who acknowledged, voted on, or assisted with the bailout behind closed doors all reverted back to political rhetoric in public so soon after went through.
 
Let me see now, it took Bush EIGHT years to double the national debt; it took Obama THREE years double it againl That is half a trillion a year (Bush) v. just over a trillion a year (Obama). So, who was the clouser to not over spendting? I do not think you are dumb enough to close ranks behind your ā€˜great leater’ to say Obama. šŸ˜‰:rolleyes:
Who is my ā€œgreat leaderā€? I’ll give you a challenge: find anyplace on these boards where I have praised Obama.
 
Take a close look at the picture on the table - think you see this on Obama’s?

 
Let me see now, it took Bush EIGHT years to double the national debt; it took Obama THREE years double it againl That is half a trillion a year (Bush) v. just over a trillion a year (Obama). So, who was the clouser to not over spendting? I do not think you are dumb enough to close ranks behind your ā€˜great leater’ to say Obama. šŸ˜‰:rolleyes:
Another view would be that it took only eight years of Republican fiscal and legislative irresponsibility under the Bush administration to absolutely devastate our economy and place the entire world at risk of fiscal collapse and create the second Great Depression.

Even if one only wants to take a casual look at the issue, The Economist has issued startling reports about how something akin to eighty-five percent of the debt occurred under Obama are directly linked to Bush. With the vast majority coming from unfunded corporate tax credits/loopholes, tax breaks primarily for those over $500k a year, a bailout of the banking system, and two overseas wars of at best ambiguous reasons.
 
Another view would be that it took only eight years of Republican fiscal and legislative irresponsibility under the Bush administration to absolutely devastate our economy and place the entire world at risk of fiscal collapse and create the second Great Depression.

Even if one only wants to take a casual look at the issue, The Economist has issued startling reports about how something akin to eighty-five percent of the debt occurred under Obama are directly linked to Bush. With the vast majority coming from unfunded corporate tax credits/loopholes, tax breaks primarily for those over $500k a year, a bailout of the banking system, and two overseas wars of at best ambiguous reasons.
Focus on the end of the Clinton administration.
 
Focus on the end of the Clinton administration.
I’d be inclined to agree, many of the underlying issues do stem from there. Unfortunately during Bush’s two terms in office he not only ignored them, but greatly compounded them.
 
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