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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (506722)8/20/2009 6:21:20 PM
From: Road Walker  Read Replies (2) of 1577147
 
Technically all of it. The TARP and budget deficit was inherited by Obama and the stimulus plan was necessary to devolve the mess bush left behind....

Right now we would be looking at 20%+ unemployment. We would be in depression. The upper mid-west, God knows the hardship.

These guys managed this thing like a heart surgeon. They were playing it by ear in uncharted ground, shooting from the hip... some fits and starts, but did an unbelievable job. Bernanke (Bush appointment and a Republican) deserves some of the credit. But it was the team.

It's going to be the model for future economic disasters. It will be written up in every economic text book... the road map.
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