Is Bush To Blame For This Mess?
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I often wonder if the constant blaming of the Bush administration will come to an end on January 20th when O’bama is sworn in as President of The United States of America. There’s no doubt that things have gone terribly wrong under Bush’s tenure, but is he really the one to blame?
I’m not going to say that Bush is one of the all time great Presidents we’ve had serve our country, but I’m not about to start throwing stones and call him a failure either. Much of what’s happening in our economy and country right now can be blamed on many people not just Bush. The last time I checked our president wasn’t in charge of regulating financial markets, furthermore in charge of policing peoples spending habits. With the past 20 years of deregulation, I would argue that Bush happened to be in the wrong office at the wrong time. Sure the writing was on the wall that our economy was heading into a tail spin months ago, but very few economists predicted anything like what we’re experiencing today. The share of blame goes much deeper then the white house and Bush isn’t solely at fault.
Do you think that Bush is to Blame or does it much further then him?
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5 Comments on this post
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Alberto said:
The problem is that we expect the president to know everything about everything, when this is clearly not the case. We can blame Bush’s economic advisers for not being better at predicting, but that seems futile.
January 13th, 2009 at 9:04 am -
Dan said:
Blaming Bush has become so cliche and so easy. Read the editorial pages in those soon-to-be bankrupt newspapers and Bush is blamed for almost everything. Fix The Pig is correct that W has been far from ideal, but the hatred out there for our president has been embarrassing.
January 14th, 2009 at 6:32 pm -
Lew Newmark said:
I blog from a decidely left of center view, but in all honesty, I cannot see how we cannot at the very least partially blame Bush for the slump our economy finds itself in at this moment in our history.
And trust me, they blame game will just shift ( and it has already partially shifted ) to the incoming administration, as we continue to have to take drastic measures to shore up an already lagging US Economy…I’ve already heard the rumblings from Republicans in the Senate wanting to block anymore bailout money being given out.
January 16th, 2009 at 3:16 pm -
Nathan said:
Could you post your articles to Gather, again?
On topic, I don’t think the failure of the financial firms is the result of any government decision. “Investment” is just another word for gambling. Retirement plans (IRA, 401k) are not a replacement for basic savings.
January 17th, 2009 at 3:31 pm -
Mike said:
“There’s no doubt that things have gone terribly wrong under Bush’s tenure, but is he really the one to blame?”
Hell yeah! Do you really think the Republicans are serving in your best interests?
February 17th, 2009 at 7:58 pm
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