Originally posted by Time-Immemorial
Hahah this has nothing to do with republicans.Obama has been in charge for 8 years and gotten anything passed he needed. So your blame game won't work.
One, he's gotten almost nothing passed since the ACA, we actually have a historically obstructionist period, where the Republicans in congress have taken up the banner of the 'party of No' openly, focusing on preventing Obama from doing much and even shutting down the government to try and prevent stuff from happening.
Two, even so, he cut unemployment in half and improved *a whole ton* of major numbers with the stimulus, health care, and the minority of things he did get passed. Even though he tried to pass more he is still a very sizable positive economically, especially in jobs.
So, you're wrong on two counts there.
You're trying to blame the person who actually helped.
As for the real issue it's the banks and untouchable rich families that run the banks. That the tax payers had to bail out.
Whom the Republicans continue to protect from contributing more to the tax base that they profit off of.
Also I will note that the actual bank bailout- the one done under George W. Bush and supported by the wide majority of both parties- was incredibly necessary for stopping a great depression 2.0. The whole banking system was collapsing as uninvolved banks were dragged down by the fall of other banks.
The financial system definitely needs new accountability laws- again, opposed by Republicans- and much more should've been done to hold the individuals responsible and put more controls on the institutions to prevent a repeat, but anyone who thinks 'letting the banks fail' was a reasonable option knows very little about the economy. If that'd happen, we'd probably be in double digit unemployment even now.
George W. Bush did entirely the right thing there.
Really, what needs to be done to understand the situation is simply pay attention to whom is doing what. Who's actually pushed for actions that help? Who pushed to stop those or pushed for actions that hurt? It requires paying attention, but that's how one figures out who's responsible for what- learning the issues and what happened, not simply dumping all blame on the ones you don't like.