The Blame Bush B.S.

Talk show host Rush Limbaugh mentioned some exit polling taken during the election that show people still blaming President George W. Bush for this economy, despite the fact the President Obama has been in office for nearly four years and whose policies made economic matters worse.

Limbaugh correctly pointed out that for most of Bush's tenure, the economy was robust with 4% unemployment on average, which is considered full employment by economists.

It was only during the end of 2007 and the beginning of 2008 when things went sour due to the mortgage meltdown caused by the sub-prime loan policies of lenders, led by Freddie Mac and Fanny Mae.  Bush had nothing to do with those and his administration sounded a warning of potential trouble as far back as 2002.

I sent the following email to Limbaugh today:

One problem I've noticed during the campaign is that Romney and none of the other GOP candidates offered any kind of rebuttal to Obama's/Democrats' charges of "Bush's policies got us into this mess." Romney just sat and said nothing during a debate when Obama stated this. 

We know it was the Democrats' policies of extending mortgage loans to people who had no business in taking them out and who had no means of repaying them back.

The Bush Administration sounded the alarm as far back as 2002 on problems with this, but they were met with charges or racism by Maxine Waters, et al.

This will keep on as long as the GOP doesn't "go for the throat" in rebutting their charges. They keep allowing the "blame Bush" stuff to stand.