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Republicans = Financial Crash?
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Quote:So, tell me what Hoover actually did that caused the Great Depression, and what he could have done to prevent it, and then tell me what Bush actually did that caused the Great Recession, and what he could have done to prevent it. I know in the 1920s Republicans had a laiziferre (sp?) attitude, believing the government is not responsible for the economy's success or failure. Herbert Hoover got lazy because he saw the economy booming. I don't know any specifics but if this is true (and it must be if you learn it in American history class), only Republicans can be blamed for the stock market crash in 1929. As for George Bush, anybody who was paying attention during his administration knows what caused the Great Recession in 2008. |
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