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In reply to the discussion: Mitt Romney: George W. Bush And Henry Paulson Saved Country From Depression [View all]On the Road
(20,783 posts)67. Obama is Correct That He Kept the Country Out of a Depression
through longer-term stimulus that Republicans opposed. Romney is also correct that Paulsen averted an economic collapse through crisis management (I think Bush just went along for the ride).
It is not an either/or situation -- both were necessary to prevent the kind of long-term depression that a collapse of the financial sector would have meant.
What Romney is not mentioning is that his own party would happily have stood by and watched the catastrophe unfold. There is a reason Paulsen had to get down on one knee and beg Nancy Pelosi for assistance. The Democrats came through because they understood the consequences.
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Mitt Romney: George W. Bush And Henry Paulson Saved Country From Depression [View all]
Grassy Knoll
Mar 2012
OP
Oh, wait. I see what he is saying. Bush, et al, was driving the country directly into the ditch,
truthisfreedom
Mar 2012
#10
Btw Mitt, thanx for saving the us auto industry. Since we're in dreamland.
The Wielding Truth
Mar 2012
#15
Rocktivity: George W. Bush And Henry Paulson INVENTED the Country's Depression
rocktivity
Mar 2012
#19
And didn't Henry, with oil prices in the $140+ per-barrel range, aver emphatically that there was no
indepat
Mar 2012
#22
Does this guy have a tin ear or is someone telling him to say stupid shit to make him
yurbud
Mar 2012
#50
George "The economy is basically sound" Bush? Really? You kill me, Mittens, you really do.
callous taoboy
Mar 2012
#60
"Willard is a pathalogical liar"--also explains his success as the repug nominee
wordpix
Mar 2012
#66
Mind- boggling!! What is sad, most Republicans will buy this hook, line, and sinker :(
patricia92243
Mar 2012
#75