The 2001 brief, shallow recession technically began in March, 2001, a mere 6 weeks into Bush's administration. Remember that the tech bubble burst in 2000, and the tech-heavy NASDAQ index had already dropped nearly 60% from it's March, 2000 peak.
Yet, libs attempted to pray on the ignorance of the public by attempting to pin the recession on Bush. I suspect they knew they were lying through their teeth, but hey, the ends justify the means, yes?
Do not worry. Things will play out one of two ways.
A) President Obama will blame Bush for having to raise taxes and put in radical changes to help “The People and the Children.” He will blame greedy Wall Street and Big Oil. He can’t do all he likes because Bush messed up the nation. He can use this for at least two years. He may even try Bush as a war criminal to keep people’s minds busy as he saps away our rights one at a time.
B) President McCain will become an instant “bad Guy” if he wins by the angry media who will do all in their power to break him and Sarah Palin apart. The Democrats in Congress and the Senate will make sure he is a failure (like they tried with Reagan—remember Catsup as a vegetable?) by knocking everything he tries. They will make sure the economy goes in the tank so they can call it the McCain Depression. It will not be hard. They will just keep spending on this bail out and that give away. In the end Poor McCain will be turned into another Ford.
The nation is screwed in any case.