Quote:
Originally Posted by Pastor Poster
How much blame for this lays at the feet of Dubya?
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The way the economy is set up now, highs and lows are just part of the economic cycle. We'll go into a recession, then we'll climb out of it and things will peak, level off, and decline again, bringing us into another recession down the road.
There are some who say the Bush's tax cuts may have actually staved off the recession for a few years. It may be so, but to me, it was probably just delaying the inevitable.
The fall in the dollar, the trade deficit, the rise in international oil prices, the spike in foreclosures... I dont think Dubya can really be blamed for any of these. I think they would have happened no matter who was president.