military deficit spending beyond any need....increasing the fleet from 530 ships to 594 with billions in overhauls and weapons retrofits.
The conservative movement is dead, long live the conservative movement
- Thread starter 30ashopper
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I'll give Bush a *little* leeway on his 20%. He entered office at the tip of the collapse of a stock bubble and a recession. Then 9/11, homeland security, Afghanistan, which he had no choice in. A war of his own choosing in Iraq, which was a mistake, Katrina, and then the collapse of a massive debt bubble that had been brewing for 25 years, which he and his team failed to see. All in all, a mediocre record, to say the most. But some of it was not his doing.
As for Obama, he got hit with the back side of the credit bubble, which he knew full well about entering office. The jury is still out on how well he and his team are handling it. If he goes two terms, he should be judged on all eight years IMHO. Although I'm not sure the American people will give that chance. We are an impatient bunch.
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He also inherited fed chairman Paul volker who was able to fix that situation.
See what I'm sayin'?
I do. It's an inconvenient fact that some Reps would like to ignore.
When it comes to ignoring inconvienient facts the Republicans do not hold a candle to the Democrats.
He didn't inherit anybody. Volker sat as FED chair for eight years. Carter originally nominated him, and Reagan decided to keep him four years later, in the middle of his first term. :roll:
If you really want to start talking about FED chairs and how pivotal they are. Let's talk about Greenspan, who sat through three presidencies, including Clinton. Did Clinton "inherit" Greenspan? Was Greenspan responsible for the economic expansion of the late 90's? In which case, by your logic, we have Reagan to thank for that. Or is that an "inconvenient fact" you would like to ignore? ;-)