Saturday, August 13, 2011

How We Got Here in the Financial Crisis

The problem is this, the country had a surplus under Clinton. Bush gave tax cuts to the wealthy in a disportunate way. Bush initiated two wars in response to 911, without paying for either of them with taxes. The debt ballooned, and we had a financial crisis because of greed and lax regulation. Obama ended no wars and piled on additional spending in an inadequite stimulus and the crap hit the fan. There is enough blame for everybody, we need to fix the problem.

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