How the Democrats Created the Financial Crisis: Kevin Hassett
With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans
Bill Clinton blames Democrats for the mortgage mess
Unemployment sinks to 5-year low, Nov. 2006, before the Democrat controlled Congress replaced the GOP controlled Congress.
When Clinton took over, he took two years, but he solved it.
When Clinton took over it was already solved. The Cold War and its financial burden was over, the economy was already growing for over a year, and the Tech Boom was about to create plenty of jobs and tax revenue. Clinton had nothing to do with any of this, but he was in office when the payoff came, so he got the credit.
Very true, but try convincing the American people. You can't.
Amazing how much credit Clinton gets for inheriting a mammoth tech boom economy that started before he swore in, a military budget that was “able” to be relaxed with the fall of the Soviets,and a Republican congress that actually had a voice, a playbook and a set. One can only imagine the prosperity that could have happened with a real president during that time. It was Clinton that tore it all down with his phony Microsoft lawsuit. That day was when it started crumbling. It was Clinton that emboldened terrorists to attack us consistently and eventually leading up to 9/11. I find him absolutely disgusting.