Recession: maybe, but that's speculation. The fact is that the last two recessions happened during Republican administrations, and we had prosperity during Clinton. Maybe people expect Republican presidents to do more, and their confidence sinks when they don't (or can't). Maybe Republican presidents believe that their mere presence will instill the business confidence. Maybe Republican policy is actually anti-business in effect.
When a ball club slumps, the manager often gets the axe. Unfair? Well, he is the one responsible, at the helm. Bush the baseball executive would fire Bush the manager over his economic performance so far.
The leadersof Enron (Lay et al), WorldCom, Tyco were by and large all Republicans. Many, like Lay, not only made huge political contributions, they also had the ear of members of the administration. If that had happened during the Clinton administration, you bet the right wing radio would be howling (look at the fuss they made on the fundraising, which was miniscule compared to these scandals). |
