Quote:
Originally Posted by Benzgirl
Hmmm, I was laid off during the "W" administration along with hundreds of thousands in the banking industry.
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Right. This was just a joke going back to the whole "Bush is responsible for everything that happened in his era" debates. I don't realistically think Obama could have had any affect on home sales or home prices.
No matter what he does, I don't think he as an individual can really have that much effect, to tell you the truth, and I said that for a lot of the issues with Bush as well. You pick your cabinet, you try to shape policy, you make appointments but you aren't granted superpowers on inauguration day. (As far as I know, anyway.)
While certainly not excusing Bush, I think you can go all the way back to the Clinton era to see some of the policy decisions that were reaping the fruits of today. I'd lay the blame on long standing members of congress if I had to choose someone.
Obama though at least has the benefit, if you can call it that, of presiding over the situation when it's clear that changes have to be made. Up until things crashed hard, people who identified problems were kind of dismissed as chicken littles.
ETA: Honestly, do you think there was something that Bush could have done or should have done that would have prevented your being laid off? I don't think you ever said so before, and I'm not asking rhetorically. Before you were laid off, did you ever have moments when you thought, if only more federal regulations were in place I feel that my company would be more profitable or more secure? I'm being completely sincere. Sometimes things seem obvious to those on the inside and other times I don't think very many people see it coming since other people are devoting all their time to making the situation seem safe and normal.
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