Jeb Bush for President.

[scotty]

Originally Posted by Sam

no, it is not the Obama recession!

It is the Bush/Republican recession and BHO is the anointed one who will save us from it.

Once again the Black Man has to come in and clean up the White Man's mess.

ROFL !!

Actually the main reason for the recession is the housing bubble burst. It's been posted, stated, issued by most all economist. No policies or laws or whatever by any president. When the housing market was booming so were the government revenues so why should government do anything to put checks and balances on it ? They wont, not until it all falls apart then suddenly they want to point fingers. Overall, recession was inevitable. Credit was too easy to obtain for too long. We were told of a balanced budget with surpluses and a great economy so people spent. Spent what we didnt have. The recession is just as much irresponsible people and businesses as it is irresponsible government.



"Yet, even most fans of the free market would be surprised to see how much richer the average American would be if the government restricted its activities to protecting citizens from domestic criminals and foreign armies. In this article, I sketch out some of government's big-ticket wealth-destroying activities to come up with a rough estimate of how much poorer Big Government makes the average citizen."

Robert P. Murphy. "The Costs of Government." April 5, 2010. Library of Economics and Liberty. Retrieved December 22, 2010 from the World Wide Web: http://www.econlib.org/library/Colum...mentcosts.html

"Only the naively optimistic actually believe that politicians will fully resolve this looming fiscal crisis with some judicious combination of tax hikes and program cuts.'

Jeffrey Rogers Hummel. "Why Default on U.S. Treasuries is Likely." August 3, 2009. Library of Economics and Liberty. Retrieved December 22, 2010 from the World Wide Web: http://www.econlib.org/library/Colum...meltbills.html

"Cash for clunkers," for instance, was successful in raising auto buying and gave a temporary boost to GDP, since two-thirds of the third-quarter GDP rise was motor-vehicle production. The credit for first-time home buyers also gave a temporary boost to the housing market. But both programs just borrowed demand from the future"

Martin Feldstein, "Missing the Target,"Wall Street Journal, January 20, 2010.