Letter: Democrats responsible for struggling economy


First Posted: 7/31/2009

President Barack Obama did not inherit a terrible economy from George W. Bush. He inherited a bad economy from a Democratic Congress controlled by Nancy Pelosi and Harry Reid. Also, lies told to the American people by Democrat Al Gore about global warming ruined the economy starting in 2007.

October 2007, less than two years ago, the stock market was at 14,000. Now it is at 9,000. October 2007, less than two years ago, national unemployment was 4.9 percent. Now it is 9.5 percent.

And remember, Obama, as a U.S. senator voted for the $700 billion bank bailout along with all the other Democratic senators and congressmen.

So, as I see it, the economy was good the first seven years of the George W. Bush administration until after Democrats Nancy Pelosi and Harry Reid took control of Congress. Did the economy turn sour in October of 2007?