lu cash
Banned
- 451
- 10
- Joined
- Dec 30, 2008
Yes, I might be choosing sides because my views are more aligned with the Democrats. The entire government should be blamed but it should also betaken into account that Republicans have controlled the majority up until these last two years when the damage had already been done and our problems hadalready snowballed.Originally Posted by JustScoreda100
IMO the biggest reason the gap between rich and poor in this country widen over the past 8 years was due to both Republican and Democratic parties. Middle class people were encouraged to ditch savings accounts and place their money in the stock market or spend their money in the economy. To make matters worse, the government started advocating cheaper housing which helped banks bamboozle millions into buying houses they wouldn't afford under the pretense that the value would increase. Add on historically low interest rates and you have a bubble waiting to burst. Those smart enough to have their financial house in order were not hurt as badly as those who blindly followed what their financial advisers told them.Originally Posted by lu cash
Exactly, the trickle down theory doesn't work and the Bush administration proved that. Hov these last four years while you were getting fat off tax cuts an entire nation was starving, losing homes, and applying for welfare. The gap between the rich and the poor in this country has widened vastly and the only way to fix it is to help the poor get out of the holes that Reagan and Bush's administrations pushed them into.
So, for you to single out only Bush and Reagan makes me think that your just choosing sides. The blame goes to every body in the government.
If you were starving/losing your house/applying for welfare during the Bush era when unemployment was 4 - 6%, then I would say that you was not doing it right.