In response to:

The Real Barack Obama

Julie374 Wrote: Oct 04, 2012 11:57 AM
Annfan , It's amazing the fact the economy was doing great until 2007 , is not recognized by many who buy Obamas lies that Republicans and Bush are too blame for our economy !! It's mind boggling . Not to mention , the downfall was mostly stopped when Obama came in power ...... since then , America has gone backwards , yet these blind sheep want four more years of forward-backwards !

A recent poll shows that 85 percent of middle-class Americans believe they're worse off now than they were 10 years ago. Yet shockingly, just 34 percent of those people blame Barack Obama. More Americans blame Congress (62 percent), banks (54 percent), corporations (47 percent), former President George W. Bush (44 percent) and foreign competition (39 percent).

Why the disconnect?

These folks aren't entirely wrong. Congress did nothing about an out-of-control Fannie Mae and Freddie Mac for a decade, and allowed the Federal Reserve to inflate the currency all the while. Banks played along with the regulatory regime in...