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View Diary: Kristof: Romney's economic plan has been tried, and it failed (10 comments)

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  •  Can't Forget Chasm Dubya Left Either (0+ / 0-)

    Obama constantly gets hammered because of Team Obama's pronouncements on the expected unemployment rates made in December 2008, when they were working with the date which Dubya's administration was feeding them.  That data was bogus - very, very bogus.  The US economy was so crippled that Obama inherited an unemployment rate which was at least 2 percentage points worse than they were told post-election 2008.  That's the biggest reason that the administration has had such difficulty getting the unemployment rate below 8%.  Throw in the Republican efforts to cripple the Obama Administration's proposals and the banks' total unwillingness to cooperate on freeing up the log-jam in the housing market and one begins to see a pattern.  Frankly, the Obama Administration has almost worked a miracle in establishing the conditions to get unemployment to its current levels.

    "Love the Truth, defend the Truth, speak the Truth, and hear the Truth" - Jan Hus, d.1415 CE

    by PrahaPartizan on Wed Oct 24, 2012 at 10:50:28 PM PDT

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