Question:
Is the Democrat argument really based on simple coincidences?
jdman13
2012-03-09 09:16:29 UTC
Was it just a coincidence that the state of the country took a sharp downward turn after Democrats took over BOTH HOUSES IN CONGRESS?

Was it just a coincidence that the Clinton years saw a good economy while Republicans owned BOTH HOUSES IN CONGRESS?

Was it just a coincidence that our current economy has started to grow again since Republicans took over the House?

The simple truth is that the 2009 recession blame falls on BOTH PARTIES. You can't own the WH and escape blame, nor can you own BOTH HOUSES in Congress and escape blame.

Here is a good article by the liberal NYTimes, about how Bush can SHARE blame for the recession, along with Democrats and even blames Clinton. So is this right wing propoganda from the NYTimes?????????

Why do liberals keep insisting that Bush AND THE REPUBLICANS caused the recession. It should read Bush AND THE DEMOCRATS, since they own the WHOLE LEGISLATIVE BRANCH.


http://www.nytimes.com/2008/09/20/business/worldbusiness/20iht-prexy.4.16321064.html?pagewanted=all

Let's see if the liberals on here can spin this NYTimes article.
Seven answers:
mommanuke
2012-03-09 09:32:46 UTC
From your own article:

"while economists and other experts say there are plenty of culprits: Democrats and Republicans in Congress, the Federal Reserve, an overzealous home-lending industry, banks, and also Bush's predecessor, Bill Clinton - they do agree that the Bush administration bears part of the blame."

and

"These experts, from both political parties, say Bush's early personnel choices and overarching antipathy toward regulation created a climate that, if it did not trigger the turmoil, almost certainly aggravated it."



How I "spin" it is to remind you that the Democrats did not take control of Congress in 2007. They took a majority. They did not have a veto proof majority and thus could only pass laws George Bush would sign. You can pretend that a majority is the same a control all you want. The problem started with the Republican Congress of 1999 and Clinton who signed their repeal of Glass Steagall.



How did the Democrat majority cause the sub-prime crisis to occur? The article doesn't even talk about Democrat flaws until the last couple of paragraphs, where they are accused of somehow forcing Fannie and Freddie to keep buying low income mortgages. How they managed to do this with a Republican majority is beyond me.



As members of a government that is run by corporatists and Wall Street fat cats, the Democrats are to blame. As an excuse avoidance tactic by the Republicans, it just won't fly.
?
2012-03-09 09:38:40 UTC
eye roll



You're 'reasoning' is completely wrong.

First, I learned a long time ago that b/c it takes a while for the effects of a policy to reach the general economy, whatever happened in the PREVIOUS years is what was looked at.



Let me help you with a litte history. Remember GWB? He started two wars and then lowered tax rates. Wars are expensive. But that wasn't enough. Then he decided to deregulate a lot and surprise, companies like Enron start screwing over their employees and Freddie May & Fannie Mac are brought down by the corruption they accumulate.

Obama gets into office and HC is made to be provided to everyone. He drops the government run option so only private companies can offer their services and raises the time a child can be covered under the parents plan.

He also bails out banks and car companies, therefore, letting numerous people keep their jobs.

However, the banks aren't really happy until they throw it in our face by giving retiring CEOs ridiculous compensation packages.

I'm pretty disappointed that there isn't a government option but it is a little comforting that the Retardicans basically shot themselves in the foot, too.

Then the TPers, a lot of them huge hypocrites, get into the House and then a whole lot of nothing happens.

Expect the next few years so stay status quo. Not sure how long the economy will make small improvements, though.
?
2012-03-09 09:24:01 UTC
The reasons for the recession go back to the 1980's and both parties share the blame due to the fact that they have been bought by big money. It started with the passage of all of the rigged trade agreements and deregulation of the laws set up in the depression in regards of the banking laws. Both of which were bought by big money for the profit of the few. If you don't get this basic fact then you are just spinning more BS.
gunsrfunmg
2012-03-09 09:55:13 UTC
Actually it's the Federal Reserve's fault for keeping interest rates too low for too long and creating easy credit that caused the boom (90's) which of course is a financial bubble in and of itself that eventually crashes. This easy credit and the mass default that it caused is the reason why the auto industry, housing industry, and many financial institutions went under because their goods and services typically require loans. The roaring 20's was the same thing which logically resulted in a collapse (Great Depression) as well. The Equal Housing Act is what caused the financial bubble to finally pop in 2008.
Mr. Wolf
2012-03-09 09:18:38 UTC
Right-wing sheeple think the Democrats caused the recession that started in 2007 when they gained control of congress in 2007 but the conditions that caused the recession were years in the making under a Republican controlled congress. Democrats won control in the 2006 elections but they were not sworn in until January 2007.



Brainwashed right-wing sheeple can't name a single bill that was passed by the Democrats in 2007 that cause the recession that stated that same year.



I LOVE HOW RIGHT-WINGERS LOVE THE NEW YORK TIMES WHEN THEY LIKE AN ARTICLE YET CLAIM THEY ARE BIAS AND NOT CREDIBLE WHEN THEY DISLIKE AN ARTICLE FROM THE NEW YORK TIMES.
?
2016-10-19 12:17:41 UTC
there is truly extremely both. even if an same applies to many Republicans. a lot of human beings that p.c. out with a social gathering commence to allow that social gathering to inform them what to have self assurance. Republicans actually have a huge share of the media (starting up with any television, radio, newspapers, or magazines owned through Rupert Murdoch) filling human beings's heads with canned fabric. As a Minnesotan who served as an election decide very last 3 hundred and sixty 5 days, I stated a up to date social gathering in a Wall street mag editorial attacking our determination of a specified Senate election. that they were writing those canned (and deliberately deceptive) speaking factors considering the fact that November.
anonymous
2012-03-09 09:22:43 UTC
We have more that none argument you simpleton.


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
Loading...