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Is the only answer that it is Bush's fault or Obama's fault?

Don't we play a roll in this economy? We aren't idiots, we didn't spend well and we enjoyed putting our heads in the sand. Why aren't we discussing our role?

BOTH administrations made poor decisions, but we allowed it. All of us.

 
urkiddingright

Asked by urkiddingright at 6:29 PM on Jun. 5, 2009 in Politics & Current Events

Level 19 (7,236 Credits)
This question is closed.
Answers (21)
  • It goes way beyond Bush, to be honest. He made some mind-bogglingly bad decisions during his presidency but the problems that we are have been developing over the last century. Yes, a lot of it is the public at large, for buying into it. Which is sad, because shouldn't people be able to "buy into" the ideals and promises of their nation's government that ostensibly is there to represent and serve them?
    Collinsky

    Answer by Collinsky at 6:36 PM on Jun. 5, 2009

  • I hate mispellings, sorry.
    urkiddingright

    Answer by urkiddingright at 6:29 PM on Jun. 5, 2009

  • instead of pointing fingers why won't we put all our energy to find a way out of the sh!# that we are in now?
    Anonymous

    Answer by Anonymous at 6:32 PM on Jun. 5, 2009

  • If your going to play the blame game then we have to start at about President Wilson. But Obama is doing more damage than any president in history.
    Carpy

    Answer by Carpy at 6:34 PM on Jun. 5, 2009

  • Nope, I'm from Michigan, the state of the 6 year recession and the nation's highest unemployment rate.....I'm pointing at Granholm!
    michiganmom116

    Answer by michiganmom116 at 6:38 PM on Jun. 5, 2009

  • me too michiganmom. Up near Cadillac. Our good canadian socialist democrat Governor
    Carpy

    Answer by Carpy at 6:42 PM on Jun. 5, 2009

  • Are those the only answers as to whose at fault? Not to anyone who knows anything about the economy works and who knows that simplistic answers only suit simplistic people.


    This mess has been in the works for nearly 30 years. Presidents also have very limited power over things like this - Congress has far more. Many, many bad decisions went into this mess. Among those decisions is the decision that millions of people made to buy homes they could not afford simply because someone was willing to lend them the money. Then there are the millions of people who took out every cent of home equity they could because it was "their" money - forgetting that that money didn't really exist anywhere but their fevered imaginations. Bad lending practices driven by mandates from Congress and greed people.

    kaycee14

    Answer by kaycee14 at 6:44 PM on Jun. 5, 2009

  • Collinsky and kaycee:

    Well said!
    _Jynxx_

    Answer by _Jynxx_ at 6:48 PM on Jun. 5, 2009

  • To the original poster Amen! It's about time someone made some sense in this particular area!
    teamquinn

    Answer by teamquinn at 7:21 PM on Jun. 5, 2009

  • Oh I agree there is tons of blame to throw around in all different directions.As for living beyound means and all that well personally my family hasn't but yes alot of Americans have.The housing crisis and on and on there is plenty of blame to throw and not at just one person or party but as Carpy said Obama imo is making it all much worse.He certainly isn't helping with the massive spending our children and grandchildren will dearly pay for.
    tnmomofive

    Answer by tnmomofive at 8:05 PM on Jun. 5, 2009