Are the Republicans ever responsible for anything?

<p>How has Bush failed the economy? Why does it even matter? I thought you Republicans disowned Bush?</p>

<p>Bush allowed the Fed to lower interest rates to practically nothing in order to spur investment to get out of the recession. Bush allowed banks to recklessly issue loans, and then sell those mortgages to everybody (including foreign banks) to cash in on the housing boom resulting from the extremely low interest rates, thus creating a cycle of non-accountability and non-responsibility in loans and credits. Bush allowed Fannie Mae and Freddie Mac, the supposed safeguards against recklessness of the banks, to stay silent while Wall Street imperiled itself with unwise financial policies.</p>

<p>To partisan non-thinkers, the roots of the problem were laid from 1992-2000 during the Clinton years, then there was a great big gap between 2000-2006, during the height of Republican rule. Then the problems suddenly staged a convenient comeback in 2006 when Democrats won back control of Congress.</p>

<p>Be a man and accept the fact that the collapse of the economy happened under a Republican administration. To pass the buck to a president that hasn’t been in office for nearly eight years, or a congress that was sworn in less than two years ago, smacks of cowardice.</p>

<p>

</p>

<p>Well said. A president and party in power for eights years blaming a congress of two years for the ills of their administration? Ridiculous. Unbecoming. Childish. Cowardly.</p>