On 1/4/2012 10:29 AM, Jim Wilkins wrote:
wrote
... There is a good argument to be made that the economy has
been in a depression since 1999. The only thing keeping it
afloat is a massive private sector stimulus ($24 trillion borrowed
in the decade before the crash). And then after the 2008 crash
private borrowing ended.

That one started with the oil price spike in June 99, and by October it was
already Bush's fault.


I don't know of anyone who blames Bush for the price of oil. What he is
blamed for is the raft of terrible decisions he made that just about
destroyed the economy.

Hawke