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Who's on First? Who is to blame for the economic meltdown
who created the problem economy
It is a complicated question with an equally complicated answer.
The first mistake people make is trying to say that we are in this mess because of Obama, Bush, Clinton,,,. This mess goes back a very long way to before WWII, but went into high gear when we went off of the gold standard.
It was Eisenhower who first tapped into the Social Security fund to get money for the great construction plan. That was also the last time any of the money was ever put back.
It was LBJ whocame up with the scam to steal all of the money from the Social Security closed account and transfer it into the General Fund with virtually no tell-tale paper trail.
It was JFK who changed the way we count the unemployed so that today the Feds say we have 9% when it is really 22+%.
Clinton changed the “basket of goods” that was used to determine inflation to substitute cheaper items instead of showing true inflation. In reality it changed from the cost of living to the cost of survival.
EVERY administration from BOTH parties are EQUALLY to blame!!!
If you want to really understand how all of this comes together this video is the best and simplest I’ve ever seen.