1 year, 7 months ago
via ask.inc.com
Is the business world better or worse since Barack Obama became President?
There was a time when George Bush was laughed at and criticized as the President of the United States. President Obama was hailed as the savior. But have things gotten better or worse? Would John McCain and Sarah Palin have done a better job with the economic crisis? Or should Bush have stayed for a third term (even though it is not allowed) to fix things?
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Barck Obama inherited the worst economy and highest federal deficits of any US president. However, since taking office, this administration has added as much federal deficit of all US presidents combined, going back to George Washington. Taxpayer money has flowed from public coffers to the balance sheets of private companies that turn around and award obscene bonuses to CEOs, but do little to stimulate the overall economy.
George Bush (43) started the process of bailing out the banks and large financial institutions at the end of his presidency, and these have continued unabated under Obama. It is clear that a third Bush term was not necessary, as there has been no substantive change in course from the previous administration, either in fiscal or foreign policy.
George Bush (43) started the process of bailing out the banks and large financial institutions at the end of his presidency, and these have continued unabated under Obama. It is clear that a third Bush term was not necessary, as there has been no substantive change in course from the previous administration, either in fiscal or foreign policy.
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