Will the USA ever overcome the economic crisis that the Bush Administration has left us in?
Yes, it will...economics, as with so many things, is cyclical. While the US is currently suffering the effects of over-inflation, these effects are temporary. Will we ever return to the ridiculous boom conditions we experienced right before the burst in the housing market, amongst others? Probably, but hopefully most of us have learned something from it and won't let it get to the kind of proportions it reached last time. The bubble was not a natural, sustainable state for the economy and a healthy economy won't look the same as many of us got used to seeing in the last 5-10 years or so.
Your President is doing well. He believes that two heads are better than one and from observing him from a distance, he is operating on this premise.
Regarding economic recovery, the truth about recovery is that it would involve the recovery of other countries as well.
One way to go is to get China to open up her market, so that American goods can be sold, helping new businesses to start.
getting more countries such as Saudi Arabia, Jordan and other friendly nations to share in the burden of war in Afghanistan etc.
Also THE AMERICAN GOVERNMENT NEED TO MAKE AMERICAN GOODS EUROPE FRIENDLY AND EUROPE CONDUCIVE.
The only way to have a better economy at this point is to cut taxes and make them permanent. This will give companies, large and small, the confidence to hire, spend, and borrow, if necessary.
We also need to slash the size of government, getting rid of the fat gained during the last and present administrations.
Next, stop this ridiculous and incessant blame game. The problems of the Bush Administration were many with a large portion caused by both sides of the aisle. The Obama Administration, along with the Democratically-lead Congress, isn't any better, in some cases making the problem even worse.
The truth is the major portion of the blame rests squarely on the shoulders of the American people for not holding both parties accountable. This last election, in my opinion, was a good start.
It's time we, the American people, step up and make these politicians understand they work for you and I, not the other way around.
We and this country can overcome this mess. We've endured worse. But we'll have to step up and do it as Americans, not Democrats or Republicans, Liberals or Conservatives.
A side note to Morson: The only way the War on Terror should end anywhere is for us to take off the gloves of political correctness and kick the crap out of each and every terrorist until they cower at the very mention of the name UNITED STATES OF AMERICA!!!
by pramodgokhale 3 years ago
Can EU beat economic crisis? Yes they can I hopeEuropeans are known for their Innovation and Invention.Without doubt they gifted great Inventions and discoveries to the world.After the WW-II they built European Union and started free trading Commerce and common currency Euro again they built...
by Leta S 8 years ago
C.I.A. interrogators under the Bush Admin. used waterboarding, the near-drowning technique that top Obama administration officials have described as illegal torture, 266 times on two key prisoners from Al Qaeda, FAR more than had been previously reported.The release of the numbers is likely to...
by Research Analyst 7 years ago
will the economic crisis cause more people to start a home business?
by Joana e Bruno 6 years ago
Is the Media partly responsible for the economic crisis?Shouldn't newspapers and television be held accountable for speculative information that is damaging economy even further? What can we do? Perhaps boycott them?
by tobey100 8 years ago
Obama states "It not that the people are mad about the past year or two years, they're mad about the past eight years". What? So this savior of mankind, after the stunning upset in MA. is telling us that the people are so mad at the republicans and George Bush they elected a...
by andycool 7 years ago
In 1933 the British hegemony ended with the rising of two super powers post World War II. One of those super powers got eliminated in 1990, that's the erstwhile USSR. Do you think now it's time for the US to lose its leadership in a unipolar world, especially after such a wild meltdown of the US...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|