
Originally Posted by
Churchill
Well, Rush is partly right. The Housing issue and Fannie/Freddie etc are "more" a result of Clinton/Dems. Those institutions were set up to give loans out to people who couldn't pay them, "everyone needs a home" mentality. Now, the Republicans at the time weren't opposing that thought process, but the establishment of that system was pre-Bush and Democrat lead.
I also think Presidents have little to do with the economy but yeah. I kind of roll my eyes when this gets blamed on Bush.