Dick Morris Blames Bush Recession on Obama
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Talk about misinformed. The debt when Bush entered office was 5.7 Trillion, all you have to do is .GOOGLE "debt when bush took office".
Now democrats because of the super corrupt media claim that Clinton left a $5.6 Trillion surplus during his time in office. But when Clinton entered office the debt was $4.1 Trillion. Clinton supposedly had a surplus, but even that is a myth, because according to the US Treasury he had a deficit every year in office.
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@Fashionificationful this makes the point on how misinformed most right wingers are there was a 5.7 trillion dollar surplus when GWB was elected.Now do that math
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@Fashionificationful You may not realize this, but trying to rebound an economy and pass health care legislation at the same time requires a good investment on the government's part.
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Always got to love those conservatives and their alternate version of reality.
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The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627 Trillion. The total debt that George W accumulated in eight years of office is $4.9 Trillion The debt right now is $13.736 Trillion. In approximately 666 days in office, he has accumulated $3.066 Trillion. Using simple algebra you'll find by Dec 2011, Obama will have accumulated more debt in three years than George W. did in 8 years.
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Allen West 2012
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American people need someone to blame that's all just like how the great depression when the public blamed Hoover. Makes sense blame the President. And sometimes i don't even know why we the NEWS must report these stupid opinion from some stupid AUTHOR which some of us never ever heard about.
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REDNECK AMERICANS are tha dumbest chicken shit fucks , mamma ever pooted from their pussies.
this OBAMA BASHING , proves that ALL white americans are the 21st century Klu Klux Klan.
racist american democracy USA.
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A Jew Neocon AIPAC whore. How does this toe-sucking kike get on the air??? Most everyone has figured out the answer.
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The markets are up for the last 2 years because of the increased money supply in the last 2 years and companies still producing profits by firing labor left and right and leaning down their operations and making them more efficient. Higher taxes hurt markets and drive them down, unless you print more money and pump up the markets, which is what has been done. Gold has risen from $800 to now almost $1400 an ounce as well, so you know this market is bullshit and inflated.
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Morris is wrong again. The market rebounded and it had nothing to do with the capital gains tax and Obama. He hasn't been inaugurated yet and the idiots on the right are blaming him for everything. Their hypocrisy is astounding.
Poor Morris, if he can't blame it on Clinton, he'll blame it on Obama. It is always amazing how when someone gets fired, as Morris did, they switch parties and deny all their former affiliations as if they have any credibility, what a joke he is!
any conservative who comments positively on what this idiot has to say is a flaming idiot
mitchh015 3 years ago 4
Two clueless Hacks.
The current recession is the result of 10 years of artificially low interest rates inflating the biggest credit bubble in history.
Ironically, Geithner - as president of the NY Fed - allowed/encouraged the use of credit default swaps and other off-balance sheet derivatives which crippled global credit markets. Then he was appointed Treasury Secretary by Obama.
Bush/Obama didn't cause it, but both have made it worse.
kolarshooter 1 year ago 2