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BIDEN: "WE MISREAD HOW BAD THE ECONOMY WAS"


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Bush recap:

Two costly and mismanaged wars, housing bubble burst, investment bubble burst, trillions of dollars of personal wealth gone, health care costs sky rocket, bankruptcies rise, foreclosures up, property values down, TARP for banks, millions for auto companies, infrastructure crumbling and causing injury and deaths, millions and millions for failed education policies, Katrina, and more corruption within the administration since Nixon.

But it's all President Obama's fault.

    Reply    Favorite    Flag as abusive Posted 12:51 PM on 07/05/2009

If we only listened to Mr. Krugman from the very beginning....

    Reply    Favorite    Flag as abusive Posted 12:51 PM on 07/05/2009
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Yes.

    Reply    Favorite    Flag as abusive Posted 12:52 PM on 07/05/2009
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Well, Joe stayed on message beautifully about Palin and Iran.

2 out of 3 is pretty good!

    Reply    Favorite    Flag as abusive Posted 12:50 PM on 07/05/2009

66% on any test is far from an "A"

    Reply    Favorite    Flag as abusive Posted 12:51 PM on 07/05/2009
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Nobody knew exactly how bad Bush messed up the economy.

    Reply    Favorite    Flag as abusive Posted 12:50 PM on 07/05/2009
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But we did know it was freaking bad,really bad, bad bad bad.

    Reply    Favorite    Flag as abusive Posted 12:51 PM on 07/05/2009
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A good example of what caused and how we pulled out of the last depression (because that's what we're in, despite what the MSM reports) ***http://www.huppi.com/kangaroo/Timeline.htm***

Until Washington realizes the severity of the economy, they'll be ill-prepared to fix it. Notice all the "intensive legislative activity" that took place during the last depression, particularly in the early 1930s. Nowadays, Congress just sits on it's hands, follows the advice of lobbyists over the people and debates on whether or not to have a debate. Bank bailouts pass in seconds, but healthcare stagnates for months.

IMHO, the "haves" are blind to the plight of the "have nots" and anyone can see that the latter are the primary driving force behind our economy.

Our leaders need to seriously get into gear to recover jobs and enact programs that help the common man or else the last depression will seem like a cake walk.

On the plus side, at least VP Biden is admitting their misjudgment, so now they are in a better position to fix it...

    Reply    Favorite    Flag as abusive Posted 12:50 PM on 07/05/2009
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