Thursday, June 14, 2012

We'll stop blaming Bush when the problems go away

Remember Nancy Pelosi in 2010?  At what point do they admit their policies are exacerbating the problem?  With majorities in both houses of Congress and a Democrat president, they could have done anything they liked, so how can it still be Bush's fault?

Worse yet, the tired line about leaving Bush a surplus is simply a myth.  It didn't happen. It was projected, but it never materialized, because it was based on the incorrect assumption that internet stocks would continue to increase in value as they had been doing ad infinitum.  Further, since we only figure out times after years of analysis, it turns out a recession had already started before Clinton left office. So, can we blame everything on Clinton?

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