I was
just perusing Twitter, and I came across a conversation about how the
1% and George Bush are to blame for the “Bush Recession.” Seriously, I thought I
was going to stroke out my blood pressure rose so precipitously.
Don't get me wrong, spending under Bush was indeed ridiculous, and
most true conservatives called him out repeatedly for it, but the
lion's share of the blame goes to the democrats. This is written tongue-in-cheek, but that doesn't make it any less true.
JAN.
3, 2007
The day the Democrats took over was not January 22nd 2009, it was January 3rd 2007, the day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party gained a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals, particularly King DingleBarry, propagating the fallacy that everything is "Bush's Fault," think about this:
January 3rd, 2007, the day the Democrats took over the Senate and the Congress:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's economic policies set a record of 52 STRAIGHT MONTHS of JOB CREATION!
January 3rd, 2007 was the day that Barney “Hide the” Frank took over the House Financial Services Committee and Chris Dodd”ering Fool” took over the Senate Banking Committee.
The economic meltdown that happened 15 months later was in what part of the economy?
The day the Democrats took over was not January 22nd 2009, it was January 3rd 2007, the day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party gained a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals, particularly King DingleBarry, propagating the fallacy that everything is "Bush's Fault," think about this:
January 3rd, 2007, the day the Democrats took over the Senate and the Congress:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's economic policies set a record of 52 STRAIGHT MONTHS of JOB CREATION!
January 3rd, 2007 was the day that Barney “Hide the” Frank took over the House Financial Services Committee and Chris Dodd”ering Fool” took over the Senate Banking Committee.
The economic meltdown that happened 15 months later was in what part of the economy?
Can you
say Banking and Financial Services?
Thank
the DEMOCRATS (especially Barney) for taking us from 13,000 DOW, 3.5%
GDP and 4.6% Unemployment...to this CRISIS by (among MANY other
things) dumping 5-6 TRILLION Dollars of toxic loans on the economy
from YOUR Fannie Mae and Freddie Mac FIASCOES!
BTW: Bush asked Congress 17 times to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy. Barney blocked it and called it a "Chicken Little Philosophy" (yet the sky actually did fall).
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? King DingleBarry.
And who fought against reform of Fannie and Freddie?
His Royal Lowness and the Democrat Congress, especially Barney.
So when someone tries to blame Bush – remember January 3rd, 2007.
Bush may have been in the car but the Democrats were in charge of the gas pedal and steering wheel, and they were driving the economy into the ditch.
Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic Party.
Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.
For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until the Constant Campaigner could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budget.
And where was Vapid Vacationer during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009. Let's remember what the deficits looked like during that period:
If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes King DingleBarry, who voted for the budgets.
If the Perpetual Partisan inherited anything, he inherited it from himself.
In a nutshell, what the Empty Chair is saying is, "I inherited a deficit that I voted for,
And then I voted to expand that deficit four-fold since January 20th, 2009.”
BTW: Bush asked Congress 17 times to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy. Barney blocked it and called it a "Chicken Little Philosophy" (yet the sky actually did fall).
And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? King DingleBarry.
And who fought against reform of Fannie and Freddie?
His Royal Lowness and the Democrat Congress, especially Barney.
So when someone tries to blame Bush – remember January 3rd, 2007.
Bush may have been in the car but the Democrats were in charge of the gas pedal and steering wheel, and they were driving the economy into the ditch.
Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic Party.
Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011.
In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases.
For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until the Constant Campaigner could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budget.
And where was Vapid Vacationer during this time? He was a member of that very Congress that passed all of these massive spending bills, and he signed the omnibus bill as President to complete 2009. Let's remember what the deficits looked like during that period:
If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That deficit was the lowest in five years, and the fourth straight decline in deficit spending. After that, Democrats in Congress took control of spending, and that includes King DingleBarry, who voted for the budgets.
If the Perpetual Partisan inherited anything, he inherited it from himself.
In a nutshell, what the Empty Chair is saying is, "I inherited a deficit that I voted for,
And then I voted to expand that deficit four-fold since January 20th, 2009.”
I have a question for the liberals reading this: King DingleBarry was inaugurated in January 2009 - when does it get to be HIS fault? ~ Hunter
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