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Thursday, June 14, 2012

Empirical study proves Republicans are more honest than Democrats

About 68 percent of the more than 1,000 adults surveyed nationwide said Bush, who left office in January 2009, deserves a "moderate amount" or a "great deal" of the blame for the U.S. economic woes compared to 52 percent who pointed to his successor Obama, the poll found.

Poll respondents who identified themselves as Republicans were split, with 49 percent saying Bush deserved a moderate amount or great deal of the blame while 51 percent said Bush deserved not much of the blame or none at all. They expressed even more blame for Obama, however, with 83 percent holding him largely responsible for the state of the economy, the poll found.

Among Democrats, 90 percent blamed Bush for the weak economy and only 19 percent said Obama should carry much of the blame, according to the poll, conducted by telephone June 7 to 10.

"Republicans, in short, are significantly more willing to blame their most recent Republican president than are Democrats willing to blame Obama," Gallup said.
The mainstream media is touting this study as proof that two-thirds of Americans blame Bush for the economy, but of course this cynically engineered survey only proves one thing: Democrats are dishonest! Republicans put the blame on both Bush and Obama, both of whom were acting presidents while the economy suffered. But interestingly enough, the Democrats are completely unwilling to assign any blame to Obama who has been president during almost this entire recession.

This Gallop poll is the most conspicuously revealing evidence of the inherent dishonesty of Democrats that I've ever seen. Only 19% of Democrats were willing to place any blame on Obama, while nearly half of Republicans were willing to blame Bush. This is further proof that it's completely impossible to compromise with Democrats. They hold completely radical positions and categorically refuse to see the conservative's side of the argument, ever.

There were two main causes of the Great Recession: the housing bubble and the minimum wage increase. Bush increased the minimum wage and was president while the housing bubble expanded hugely. The deregulation of the banking industry was accomplished by the Gramm–Leach–Bliley Act. This act which repealed part of the Glass–Steagall Act of 1933, allowed the housing bubble to occur. The Gramm-Leach-Bliley bill was signed into law by President Clinton. The subsequent implosion of that housing bubble was a major contributor to this recession we're still suffering through.

George W. Bush was President when the housing bubble burst; he does share in the blame, but then so does Clinton. The fact that Clinton wasn't included in this Gallop Poll along with Bush and Obama is evidence of widespread ignorance. The causes of this ignorance are two-fold:
  1. Complacency by non-curious Americans who've never bothered to discover the underlying causes of the recession which were of course the minimum wage increase and the housing bubble made possible by the Gramm-Leach-Bliley act.
  2. Conspiracy by the main stream media to always ask the wrong questions. Conspiracy by the media to ignore history, to re-bury the truth wherever they accidentally uncover it, and to change the subject whenever they get the chance. When a Republican has done something wrong the media becomes obsessive compulsive in examining every facet of the error, under a microscope if need be. However, when a Democrat is to blame they suddenly acquire attention deficit disorder. The Media is complicit in your ignorance and they have no shame about this, because they believe, as did Stalin, as did Pol Pot, as did Castro, that the ends justify the means.
Meanwhile, everything Obama has done has failed. Obama relied on failed Keynesian economic theory and attempted to just spend our way out of this recession. The quantitative easing and the stimulus have only devalued the dollar and put us horribly deeper in debt. There is only one way out of a recession, and that is by restoring confidence: confidence in the American economy, confidence in American industry, confidence in America's fiscal soundness and her enduring and bright future.

Well, nobody is very confident these days. We haven't had that feeling since 2008. Entrepreneurs and business people know how bad this national debt problem really is. Business people are savvy when it comes to indicators like credit rating and outstanding debt. They know how to read a ledger sheet. They can evaluate the soundness of an enterprise, including the American enterprise, and when they look at America's financial picture...they're just not buying. Until we get our financial house in order, businesses are not going to expand or hire additional staff. Entrepreneurs not going to risk their cash; they're going to sit on the sidelines until they see a genuine attempt to―at long last―balance the American budget.

Unfortunately conservatives are caught-up in a catch-22 situation. Balancing the budget will require compromise. However, as we've already seen, it's impossible to compromise with the Democrats because they refuse to budge a single inch from their radical statist positions.

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