Want to know who to blame for the economy?
There’s an awful lot of talk about how Obama has had plenty of time to fix the economy, and it’s his mess now.
While I am not a great fan of Obama, who has done too little, too slowly, on a myriad of issues, I think it’s time to put things in perspective:
Who led the banks run untrammeled and did nothing to stop the plunge into chaos until it was too late? George W. Bush (admittedly, with some help from the repeal of Glass-Stiegel under Clinton).
Who has now killed THREE jobs bills in a row with no meaningful alternative? Republicans in the Congress.
Who chopped so many taxes off the top end of the spectrum that the government can’t seem to fund anything? George W. Bush.
Who refuses to let their ultrawealthy friends pay even a tiny fraction more in taxes to cover the cost of job-creating major infrastructure upgrades? Republicans in the Congress—even though under Eisenhower and Nixon, people in the higher brackets paid considerably higher portions of their income in taxes than they do now.
Who took a huge surplus and turned it into a massive deficit, with the help of two illegal and immoral wars? George W. Bush.
I sure hope the public is paying attention come next November. The entire mission of the Republican Party agenda these days seems to be to sabotage the economy, stall any initiatives of Obama’s (even if they were originally proposed by Republicans) and bring government to a standstill.
It’s ugly, unethical, and I hope, unpopular next election. Throw the bums out!