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Old 10-30-09, 09:52 PM   #7
Stealth Hunter
Silent Hunter
 
Join Date: Nov 2006
Location: Y'ha-Nthlei
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Quote:
Originally Posted by nikimcbee View Post
http://www.bloomberg.com/apps/news?p...d=aUuHhaDx8Hr8

He inherited the problem.
oh, okay. Everyone, it's not obama's fault. He was just present.
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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