"Ignoramus23298" wrote in message
...
On 2010-04-01, RBnDFW wrote:
The Bush policies are finally starting to yield positive results.
Of course, BHO's lackeys won't be giving Bush credit.

Recall the timeline of the events. The crisis hit us in the late
September of 2008, on the eights year of Bush presidency.

The response to it was mostly worked out only by the end of
October. Significant money still was not spent by the end of Bush
presidency.

I would not, therefore, give Bush administration much credit, though
they deserve a small amount of credit.

i

The basic moves were not a political issue. Stopping the collapse of the
international credit system was not political. Stimulating the economy with
deficit spending in a sharp recession is not political. As one of McCain's
top economic advisors said early last year, it wouldn't have mattered who
was in office. The things that the Bush administration did at the end, and
what the Obama administration has done since, are exactly what ANY president
would have had to do.

It's just real-world economics. NOW it's political, because it gives some
less-than-honest politicians a populist issue.

--
Ed Huntress