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Monday, September 6, 2010

Recessions by date, and POTUS

Recessions, how long they lasted, and who was POTUS at the time.

June ’53 to June ’54 Eisenhower (Republican January ’53 to December ’60)
July ’57 to March ’58 Eisenhower (Republican January ’53 to December ’60)
March ’60 to January ’61 Eisenhower (Republican January ’53 to December ’60)
December ’69 to January ’71 Nixon (Republican January ’69 to August ’74)
November ’73 to January ’75 Nixon (Republican January ’69 to August ’74) / Ford (Republican August ’74 to December ’76)
January ’80 to July ’80 Carter (Democratic January ’77 to December ’80)
June ’81 to December ’82 Regan (Republican January ‘81 to December ’88)
June ’90 to February ’91 Bush G.H. (Republican January ’89 to December ‘92)
February ’01 to November ’01 Bush G.W. (Republican January ’2000 to Jan ‘09)
August 2008, Bush G.W. presided over the most catastrophic financial collapse since The Great Depression.

Yet all Republican pundits blame the Democratic presidents for causing them. Suggesting that the Republicans merely "Inherited" them from Democrats, even when that is a ludicrous misrepresentation of the facts.

Yet when pointed out that Obama took the reins DURING a recession, and when he suggests that he inherited the problems, the same Republican pundits cry foul!

Another example of Republican double standard in full view!

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