What are you basing this on?
This is not an unnoticed problem. People are sick and tired of being denied health insurance because of preexisting conditions, caps to limit treatment and tens of thousands go bankrupt every single day due to medical bills. Not to mention those who can't afford it or it's not even offered.
Even Republicants seeing the fallout of just being against healthcare reform have switched to... well we need it that's true, just not this exact kind.
You watch how popular this thing spikes up once it's signed.
Corporate bailouts began long before Bush even ran for President, that is nothing new.
Just saying Bush (a Republicant) was a handout guy as well. Not surprisingly a hand out guy to big business but a hand out is a hand out.
Yes, Clinton had a small surplus, but he also was in office when the Fed drastically changed its monetary policy approach and started to push the economy (and the housing sector) towards an unsustainable level.
Clinton was great. I loved Clinton. Man I wish Obama could have followed that up!
A natural economy cannot grow at all times. That is simply not possible.
I'm not disputing that. But there are also disasters that are not just the normal up & down. Great Depression... Bush Recession... those really bad things.
If doing the best you can is creating record deficits while railing against Bush spending, then that is pathetic.
Much of that is just a continuation of Bush policy and war spending. And the stimulus saved us from a Depression so I can live with that (even though I'm like Clinton was a deficit hawk). We are doing what we can to get what the GAO said would lower the deficit passed... our Health Insurance Reform Bill.
Apparently you do not, since any recession in your book is just unacceptable.
Any honest & unbiased economist will tell you that The Bush Recession was not "common" in it's severity at all.
Political realities exist. When did Republicans actually have the power in the Senate to cram through whatever they wanted? Hint: Never.
Oh please... they had both Houses and the Executive even as recently as Bush.
Additionally, there are times when doing nothing is better than doing something wrong.
Well that must be ALL the time with Republicans.
How about you tell me any of the details of the numerous Republican bills introduced in Congress on health care reform and call up your Senator or Congressman and ask why they are all dead in committee?
That would be a short phone call. They'd say... what Bills?
I never said Hooverville was good, and you are well aware of it. Additionally, you ignore what the New Deal actually was. It was not simply "spend spend spend" which seems to be the mentality of today.
Hooverville... just look at the name. Says it all.
The New Deal was a tremendous thing for the American people. It actually set up a strong chance to be middle class and not just poor or rich.
You just argued that a "trillion dollar invasion" was a leading indicator for the recession... now you are saying that government spending ends recessions. Which is it? Did government spending (in the form of military action) cause or end the recession?
Not having that money in reserve (or not having it spoken for) when a huge collapse starts is detrimental. And the war spending this time was very focused on a small number of contractors comparatively.
It's the civilian jobs created in a war time setting that helps. The government putting masses of people to work like in WW2 on building war products helped. Come on... you know the difference!