To: 1rudeboy; Mase; Toddsterpatriot
Meet the Joselin Elders of Economics. This may explain why the Clinton recession didn’t begin until after W took office.
To: expat_panama
Didn’t we go into a recession a year ago, one year after we got us a democrat majority Senate and House.
3 posted on
12/03/2008 6:21:02 AM PST by
CindyDawg
(Lord, please bless America)
To: expat_panama
Once the housing market crashed a recession was not to be avoided due to the contamination of the financial system. Let's also not forget how much of the economy was credit driven as well.
On the other hand, Bush inherited a slumping economy that was damaged not only by the tech bubble crash but the 9/11 plot that was hatched under Clinton's watch. The activities of the Bush administration over the past years were an effort to stave off the pain from both impacts. Yes, CRA was a Clinton play but no one said Bush had to go along with waiving limits on leverage that allowed banks and other institutions to lend and borrow with no concern.
4 posted on
12/03/2008 6:23:38 AM PST by
misterrob
(Smooth talkers win at singles bars and in politics .. often with similar outcomes for the listener)
To: expat_panama
a professor at the University of California,
Berkeley,
You know where this is going!
8 posted on
12/03/2008 6:27:02 AM PST by
Don Corleone
(Leave the gun..take the cannoli)
To: expat_panama
=
9 posted on
12/03/2008 6:56:33 AM PST by
erman
To: expat_panama
Man, that guy is pretty female-ish looking for a man. Not surprising for an 0bama voter though.
10 posted on
12/03/2008 6:58:48 AM PST by
Travis T. OJustice
(Change is not a destination, just as hope is not a strategy.)
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