In response to:

President Obama Pretends His Tax Plan is the Only Game In Town

Libs_Are_UsefulIdiots Wrote: Dec 01, 2012 10:50 AM
AmericanLOSER Wrote: 1 minute ago (10:43 AM) As opposed to the substantive budgeting we got from six years of Bush and a Republican congress. > LOL Pres. Bush again, huh? Bush’s Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION! The average unemployment rate during Pres. Bush’s 8yrs in office was 5.3% So what REALLY caused this economic mess? Remember the day… January 3rd, 2007 was the day the Democrats took over the Senate and the Congress: At the time: The DOW Jones closed at 12,621.77 The GDP for the previous quarter was 3.5% The Unemployment rate was 4.6%. Cont.
Libs_Are_UsefulIdiots Wrote: Dec 01, 2012 10:51 AM
Jan 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

The economic meltdown that happened 15 months later was in what part of the economy?

BANKING AND FINANCIAL SERVICES!!! THANK YOU DEMOCRATS 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 FIASCOS!


Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001, because it was financially risky for the U.S. economy, but no one was listening.

Cont.
Libs_Are_UsefulIdiots Wrote: Dec 01, 2012 10:51 AM

In addition, the economy was in a recession when Bush took over.

- The tech bubble burst on March 10, 2000.
- Terrorists attacked US soil on 9/11/2001.
- Katrina hit the Southern coast in Sept of 2005.

These natural disasters and hangovers from the previous administration cost the economy trillions.

The economy was the very best it had ever been until the Democrats took over congress.
D G Wrote: Dec 01, 2012 11:15 AM
All true and all verifiable facts.

I'll add one more.

Democrats enacted legislation to increase the minimum wage 40% in May 2007.

One month later, June 2007, the 52 consecutive months of job growth ended. A 2 year plunge of job losses followed immediately.

All 8 million jobs created by GWB were wiped out by Democrats.
This week, when speaking at children's toy K'NEX factory in Pennsylvania, President Obama urged the House of Representatives merely to pass what Harry Reid's Senate has passed and send him the bill.

The Senate has already passed a bill to keep income taxes from going up on middle-class families. That’s already passed the Senate. Your member of Congress like Allyson and Chaka, other Democrats in the House, they're ready to go. They're ready to vote on that same thing. And if we can just get a few House Republicans on board, we can pass the bill in...