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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth
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To: Bill who wrote (164745)3/18/2010 5:18:51 PM
From: Kevin Rose1 Recommendation  Read Replies (1) of 173976
 
Oh, that is so laughable I can hardly manage a response. The country was running up huge deficits, the banking system was close to collapse, and there was depression-era panic. Bush was a lame duck, and the country was desperate to extract itself from the edge of a depression.

How quickly some people forget. However, the lingering impact of those policies will be felt for years, possibly decades. Lost jobs that will never come back; lost confidence that will never be regained; lost opportunities that will be picked up by the Chinese and others; lost investment that is gone forever.

Unfortunately, it's much easier to run the ship into the iceberg than to repair the hole...
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