And we're suppose to trust these people to report factually?
In the immortal words of Obama, "Uh, uh, uh..."
Jim Hoft of Gateway Pundit gives you a few figures about the economy under Bush, what you will never hear reported from the media or acknowledged by Obama:
...During the Bush years, despite the 2000 Recession, the attacks on Sept. 11, the stock market scandals, Hurricane Katrina and wars in Iraq and Afghanistan, the Bush Administration was able to reduce the budget deficit from 412 billion dollars in 2004 to 162 billion dollars in 2007, a sixty percent drop. In 2004, the federal budget deficit was 412 billion dollars. In 2005, it dropped to 318 billion dollars. In 2006, the deficit dipped to 248 billion dollars. And, in 2007, it fell below 200 billion to 162 billion dollars. During the Bush years, the average unemployment rate was 5.2 percent, the economy saw the strongest productivity growth in four decades and there was robust GDP growth. These were amazing accomplishments considering the unexpected challenges. You certainly didn't read much about this in the press.Infantile-ruler Obama, suffocating his Presidency with childish blame games and immature finger pointing, can't stop himself from passing the buck to his predecessors. I use to do that to...when I was 4.
But, things changed in 2007. Democrats took over Congress, gas prices started to rise, and at the end of the year and into 2008 several financial institutions started to crumble as the housing bubble began to burst. Of course, it should be noted that President Bush publicly called for the reform of Fannie Mae and Freddie Mac 17 times in 2008 alone before Congress acted. Democrats, on the other hand, blocked reform numerous times. It was later reported after the 2008 election that Bush had nothing to do with the financial crisis. Hoover Institution visiting fellow Scott S. Powell wrote in Barron's in February of this year that the present crisis began in the 1970s, during the Carter administration, with passage of the Community Reinvestment Act to stem bank redlining and liberalize lending in order to extend home ownership in lower-income communities. This risk was acknowledged in the Bush administration's first fiscal-year budget, released in April 2001. Sadly these warnings were ignored by Congress.
Then you grow up, you take a position of leadership, you take responsibility for yourself and anyone beneath you, you take criticism on the chin and you move forward with solutions. And if things go wrong, again, you take the blame. That's part of being a leader. It requires self-sacrifice, even loss of face. But you do it for the good of the job or organization or group or family or life that you lead. You do it.
Obama, however, governs like he won a popularity contest, not a presidency. And the media daily reinforces the notion.
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