Quote:
Originally Posted by dogzilla
The money loaned to the banks has had significant repayments. Compare that to cash for clunkers, new home credits, 'job creation' giveaways, etc that will likely never be repaid.
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Cash for cars and new home credits didn't keep people building and selling houses and cars?
Quote:
Originally Posted by dogzilla
I don't remember Bush making any statements talking down the economy. That I think had more to do with the panic in Sept 2008 and again the disappearance of a surplus of cash that was spiking the housing market as well as the stock market.
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So when it dropped nearly in half, over 6,000pts under Bush it wasn't the POTUS fault but when it goes down 2000pts under Obama it is the POTUS's fault?
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Last edited by Tully Mars; 08-04-2010 at 02:10 AM..
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