Wednesday, February 10, 2010

so true, yet so overlooked

The recession started in late 2007, nearly 12 months AFTER after Democrats took control of Congress.
Congress allocates, budgets, borrows, and spends all money, passes laws, oversees financial systems, not the POTUS.
The Republican Congress had 4 budget surplus years, and left in 2006, with the DOW was at record high, unemployment at record low (<4%), deficits were moderate and trending down, and after 52 straight months of economic growth.
100% of the recession, 100% of the stock market drop, 100% of skyrocketing unemployment, 100% of the bailouts, and the crash of the Frank/Dodd financial system belongs to THIS DEMOCRAT CONGRESS.
Republican Congress average Deficit: $105 billion (1996-2007)Democrat congress average Deficit: $1.305 TRILLION (2008-2010).

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