Quote:
Originally Posted by Tyrone Slothrop
I certainly don't think Democrats are blameless, but Obama did make it a priority to try to fix financial regulation, and the Republicans fought him on it.
|
The collapse really occurred before Obama take office, so he didn't get a chance to fix it. My general feeling is he managed it very well given what he had to do with.
Bush should have seen the crash coming a mile away and did squat to prevent it - his approach to the economy was to cut taxes to deal with every problem, and he really only realized what he'd done by doing that after it was too late, and he just couldn't do, and didn't really want to do, a 180 in the last 6 months of his administration.
