Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (117139)	12/4/2008 3:59:40 PM
From: Freedom Fighter	Read Replies (2) of 132070

KT, I didn't make any excuses for Bush. I told the absolute unspun truth - something that is in very short supply in any political environment or discussion where people have clear biases. There were huge economic problems Bush inherited from Clinton/Greenspan/Rubin, problems of his own making, and a couple of somewhat random events (like 9/11) etc.. that lead to a series of his decisions. Some of those poor decisions were bipartisan (like cutting taxes and raising spending to create a deficit - only the details were different), some were his own making (like not controlling spending or rolling back the tax breaks once the economy recovered) etc.... The key point is that anyone that thinks the Clinton/Greenspan/Rubin years were good economically doesn't understand economics or is full of shit. Any dickhead can show you a good time during the formation of a bubble. It's the sucker (Bush) that comes next that has to deal with it, much like Obama has to deal with Bush's mistakes.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next