Active Users:547 Time:04/04/2026 01:11:39 PM
Even were the charge valid (it is not,) if you believe it the crisis' main cause naught can help you - Edit 1

Before modification by Joel at 28/12/2012 11:01:51 PM

I have a bunch of issues with ever single politician who has ever drawn breath. HOWEVER, when it comes to financial issues the Democrat's track record is about as bad as it gets.

Name anything any Dem did comparable to Coolidge and Hoovers Great Depression under, Nixon and Fords Stagflation under or Bush 43s Great Recession.

Same old supply-side schtick: Spend a decade promising prosperity but digging an ever deeper hole with deregulation, a loose Fed and low taxes, then when it yields only double digit unemployment and a plummeting dollar blame Dems for not digging us out of the hole in half the time it took Republicans to put us there.

The Dems financial track record is ending the Depression in the '30s, stabilizing the dollar in the late '70s and presiding over the longest uninterrupted economic growth in US history in the '90s. The last GOP president I know of who did deliver at least one recession was Coolidge, because the disastrous Harding policies did not detonate until a few months after Hoover succeeded him.

Enough.

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