It's all Bush's fault.
Former President George W. Bush, that is, who served the nation from 2001-2009, in what may become known as the dark years. Bush will go down in American presidential history as the worst president to serve our great nation, even worse than Herbert Hoover and James Buchanan.
Hoover gets credited with the Great Depression and allowing the nation to collapse economically without lifting a presidential finger.
Buchanan believed secession wasn’t legal, but that the federal government didn’t have the power to stop it. Buchanan also showed an epic indifference to slavery and the onset of the Civil War.
In a sense, it was that reason too that places Bush at the bottom of the presidential barrel. Bush had an epic indifference to the collapsing economy and a callous indifference to low-income Americans and even the middle-class.
Yes, I repeat. It's all Bush's fault.
The whole thing.
- Collapsing housing market
- Squandering the surplus
- Subprime mortgages
- Loss of confidence
- Non-existent WMDs in Iraq
- War without a mission in Afghanistan
- 'Mission accomplished' announcement
- Deterioration of the middle class
- Erosion of American foreign policy
- Lack of respect around the world
- Tax cut
- Another tax cut
- A failed prescription drug program
- No child left behind
- Failure on immigration reform
- Hurricane Katrina
So much more.
It started off badly with the 2000 presidential election, in one of the closest presidential races in American history. A close race in Florida, which was decided by a handful of votes, would ultimately decide the winner of the election.
With a little help from his friends and family, Bush becomes the nation's 43rd president under a cloud. It didn't hurt that his brother, Jeb Bush, was the governor of the state and had his hands on the levers that controlled the counting and re-counting of the votes.
The state of the union was not just strong, but vibrant when Bush took office. On Thursday, January 27, 2000, U.S. President Bill Clinton delivered his last State of the Union address.
Clinton began the speech by saying; "We are fortunate to be alive at this moment in history. Never before has our nation enjoyed, at once, so much prosperity and social progress with so little internal crisis or so few external threats. Never before have we had such a blessed opportunity and, therefore, such a profound obligation to build the more perfect union of our founders' dreams."
There was a budget surplus in FY 2000 of $237 billion, and a slight improvement in FY 2001 of $256 billion. The federal budget was finally under control. The world was at peace.
The satirical newspaper, The Onion, published a piece on January 17, 2001:
Mere days from assuming the presidency and closing the door on eight years of Bill Clinton, president-elect George W. Bush assured the nation in a televised address Tuesday that "our long national nightmare of peace and prosperity is finally over."
"My fellow Americans," Bush said, "at long last, we have reached the end of the dark period in American history that will come to be known as the Clinton Era, eight long years characterized by unprecedented economic expansion, a sharp decrease in crime, and sustained peace overseas. The time has come to put all of that behind us."
Bush swore to do "everything in [his] power" to undo the damage wrought by Clinton's two terms in office, including selling off the national parks to developers, going into massive debt to develop expensive and impractical weapons technologies, and passing sweeping budget cuts that drive the mentally ill out of hospitals and onto the street.
Funny stuff, but unfortunately prophetic.
The Iraq War was a serious mistake, as the claim was made that Sadaam Hussein possessed Weapons of Mass Destructions (WMDs).
He did not.
On May 1, 2003, Bush announced the end of major combat operations in Iraq on what should have been a momentous occasion. But the banner that hung behind him that day will live in infamy.
That was what the banner behind him read, in a war that would last another decade and cost thousands more American lives. The Bush administration had said it wasn't responsible for the banner. Bush later called it a "big mistake."
Then there was the "Brownie, you're doing a heckuva a job" statement by Bush, which turned out to be an awful and insulting statement to the people of New Orleans on the backdrop of the government's botched Hurricane Katrina operation.
But the worst moment for Bush and for America, came near the end of his disastrous eight-year term.
The great market crash of 2008, that actually began in early to mid 2007 with the housing collapse. In 2008 emergency government intervention was required and the result was a long and deep recession that the country is still climbing out of.
One plus in his favor is the bank bailout that the Bush administration spearheaded, but Bush continues to endure criticism for the policies that led to the crash.
George W. Bush will forever be linked to the greatest economic downturn and collapse since the Great Depression.
it is also no accident that great presidents succeeded the two worst presidents. Abraham Lincoln succeeded James Buchanan. Franklin Roosevelt succeeded Herbert Hoover.
The opportunity is there for Barack Obama to go down as one of the great presidents, succeeding George W. Bush.
The Onion - National nightmare
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