10-30-09, 09:59 PM
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#8
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Fleet Admiral
Join Date: Jul 2003
Location: Patroling the Slot.
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Quote:
Originally Posted by Stealth Hunter
Well yeah- he did inherit the problem. You forget that the economy went sour when Bush was in office in 2008, after the housing market and subprime mortgage crisis in addition to the dollar's decline in value; which led to record unemployment levels and a huge decline in the country's GDP. For that matter, NBER announced that the recession had officially began in December 2007.
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You mean Barney Frank.
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