Tuesday, October 30, 2012

No Coincidence that Repubs were in Charge for 1929, 1987, and 2007 crashes

Republicans had control of the White House from 1921-1933 Harding/Coolidge/Hoover (Great Depression + Stock Market Crash of 1929), from 1981-1992 Bush/Reagan (2 recessions in 1981 and 1990, plus the Stock Market Crash of 1987 - Black Monday), and from 2001-2009 (Stock Market Crash of 2008 and Longest Recession since Great Depression from 2007-2009).

Republicans also slashed social spending during these times and gave rise to the super wealthy.  What did Dems to in the White House?  Grew the economy, protected the poor and vulnerable, went after banks, etc.

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