Change We've Seen Before
Barack Obama throughout his campaign has repeated the word "change" enough to make one never want to see or here the word again. He seemingly began every speech with the phrase "the last eight years..." while oversimplifying our current economic crisis. In other words: It's all George Bush's fault. I have been trying to figure out if he's a liar, or simply ignorant. I think he might be more of the former and a little of the latter because this crisis has almost nothing to do with Bush. Surely you can blame him for the failure to use his veto pen which resulted in increased spending, however the implosion of the credit system and housing market requires a little deeper explanation. The present economic meltdown has taken shape not over the past eight years. It has in fact been brewing for the past sixty! The new deal programs of FDR gave birth to the entitlement nation we have today. History shows that once government expands it never reverts back to its ...