Thread: What will happen to the economy?
View Single Post
  #7  
Old 12-07-2008, 08:20 PM
juvenilepunk's Avatar
juvenilepunk juvenilepunk is offline
Ezudian
  
Join Date: Jul 2008
Location: Los Angeles, California
Posts: 1,383
Reputation: 1431
juvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud ofjuvenilepunk has much to be proud of
Send a message via MSN to juvenilepunk Send a message via Yahoo to juvenilepunk Send a message via Skype™ to juvenilepunk
Send a message via ICQ to juvenilepunk Send a message via AIM to juvenilepunk
Default
Quote:
Originally Posted by EskimoANM View Post
Well to be honest, it wasn't just Bush that put use 10 trillion dollars in debt. I'm pretty sure the clinton's put the U.S in debt as well. The debt has just been growing, and Bush just added to the debt. I think the economy may possibly improve, due to the fact that Obama is now going to be the president.

I'm not sure what the result of the economy will be, but i don't think it'll be as bad as the great depression. I don't really have any reasoning for this.
This financial downpoint cannot be blamed on Bush or Clinton. Though he has blown money on the Iraq war he and Clinton are not the only ones to blame. Many C.E.O's, executives, and governors are to blame because of the ways they foolishly threw out their money thinking it wouldn't matter. They are now struggeling because of a decrease in price on oil and other important and frequently traded items. So strictly blameing Bush or Clinton is not valid, when in fact everyones to blame. The President himself has really nothing to do with priceing and costs.
__________________
Reply With Quote