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To: DoughtyOne
The economists I have talked with talk about the fact that most policies take 6-8 years to show their major effects. I agree that the GOP congress did good keeping him reigned in, but there were still a number of crappy bills, economically speaking, that were signed during BillyJeff's admin that we didn't see the effects of until later. One was that whole expansion of the community reinvestment act, that opened the door to even more bad mortgages, and certainly had a hand in what we experienced in 2008.

Dubya has his blame to bear as well. We will certainly be seeing the negative effects of the oblala administration for many years to come...

13 posted on 10/01/2014 1:04:15 PM PDT by dware (3 prohibited topics in mixed company: politics, religion and operating systems...)
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To: dware

We always have to be aware of the damage carry-over. I agree. And I don’t want Bush to carry more weight than he should. We need to be fair to him, even if we aren’t big fans. I’m willing to do that.

None the less, he actually telegraphed that he knew the mortgage crisis was pending, and he didn’t make a big stink about it. His failing in this, was to damage the Republican Party, Conservatism in general, and this nation’s economic stability.

Bush couldn’t have single-handedly turned things around, but he could have made such a stink about it that he would have put the nation on notice, so it could be blamed squarely where it should have been, the Democrats.

By the time it did fail, you couldn’t just blame Democrats. That makes my blood boil.

If we take the 6-8 years guideline you just laid down, it gives Obama the complete free ride he has been demanding. We can’t do that.

Look at how Reagan turned things around in one term. By the end of two years, there’s no excuse for any problem not having been addressed and corrections having been made. The results may not be in yet, but a plan should be in place and some improvements should be either present, or an indication they are imminent.


15 posted on 10/01/2014 1:13:27 PM PDT by DoughtyOne (Obama and the Left are maggots feeding off the flesh of the United States.)
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