Politics Decoded
Economy
Despite President Obama getting us out of the recession by June 2009, Republicans blame him for not fixing their mess fast enough.
When President Bush took office in 2001, he inherited a $236 billion budget surplus, with a projected 10-year surplus of $5.6 trillion.
By December 2007, Bush and the Republicans had driven our economy into the worst recession since the great depression with his tax cuts for the wealthy, the Iraq war, and the Afghanistan war.
On September 29, 2008, the stock market crashed — the Dow and the S&P both had their biggest one-day point drop ever.
When he ended his term, he left a $1.3 trillion deficit and a projected 10-year shortfall of $3 - $8 trillion.
Bush doubled our national debt in only 8 years, and they left the mess that we are now trying to rectify!
Check out the American Jobs Act here.
Check out the Debt here.
Check out the Debt Ceiling here.
Check out the Republican Priority here.
Check out the Top 1% here.