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To: ilgipper

No, Bush papered over the structural deficiencies in our economy by flooding the world with liquidity. That is the problem. It was a false prosperity, like building a straw mansion on sand. It is fake, false, temporary and soon collapses.

Bush didn’t cause this depression but did nothing to protect us from it and his policies hastened the decline. Inadvertently he helped us by pushing us into a depression so we can start deleveraging all of the crushing debt we need to destroy. But it was accidental on his part. All he wanted was to be re-elected.

No, the Bush economy was not “strong”. It was false.

Just as Obama did not cause the contraction. The economy was in trouble before Obama declared his candidacy. Yes, he is making things FAR worse, but no Obama did not cause this depression. He is only going to lengthen and deepen it.


14 posted on 09/03/2009 10:14:12 PM PDT by Freedom_Is_Not_Free (Depression Countdown: 55... 54... 53...)
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To: Freedom_Is_Not_Free

Well said.


16 posted on 09/03/2009 11:03:09 PM PDT by spyone (ridiculum)
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To: Freedom_Is_Not_Free

Hear hear.


18 posted on 09/04/2009 4:26:38 AM PDT by thefrankbaum (Ad maiorem Dei gloriam)
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To: Freedom_Is_Not_Free
No, the Bush economy was not “strong”. It was false.

BUMP!!

19 posted on 09/04/2009 5:10:12 AM PDT by RSmithOpt (Liberalism: Highway to Hell)
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