Bullshit. Look at the quarterly GDP data. The economy went mostly sideways in the first 3 quarters of 2008, then nosedived in Q4 2008 and Q1 2009. We can quibble about precisely when the recession started and ended, but it's nonsense to say "in December 2007 it was already tanked". Lehman Brothers collapsed in Sept. 2008 - two months before the election - and that's when the real tanking occurred. But don't take my word for it. Look up the data. Here's a link:
https://fred.stlouisfed.org/graph/?id=GDPC1
Originally Posted by lustylad
Horseshoe.
By the time Lehman Brothers collapsed, the economy was already a shambles. The big banks don't go first, they go LAST. You are the ONLY person who thinks otherwise.
Lehman's collapse didn't start the "real tanking" (whatever that is). It was the end result of everything that had gone on before - primarily but not exclusively the bursting of the housing market bubble.
Economists recognize the recession as lasting about a year and a half - from December 2007 until mid 2009.
But keep trying.
Mitt Romney did none of the bashing or whining you just complained of in 2012. Yet you voted for Obama. That makes your explanation as phony as you are.
Originally Posted by lustylad
I didn't say Romney did it.
Most of the GOP (except the libertarians) have been uselessly embroiled in cultural issues when they should have been fighting economic wars and making the case why we should stop unrestricted immigration.
And ultimately the GOP ended up with a slew of candidates that looked like hypocrites talking about moral issues. Like Sarah Palin and her brood of out-of-wedlock mothers/grandchildren.