And, BTW, are you majoring in Revisionist History at Glenn Beck University? George Bush inherited the recession as a result of Reagan's trickle-down policies. Just like the Bush II recession. Anyone ever notice how we only get recessions during Republican administrations??? Carter is the only Democrat to have a recession and there was clearly a moral hangover after Nixon botched Vietnam and gave us Watergate and Ford did absolutely nothing to fix it. Oh, I am sure that 70s recession also had something to do with Ford/Greenspan's high-interest rate strategy and Nixon's taking us off the Bretton Woods agreement to pay for the war in Vietnam.
<quoted text>Doesn't work that way. The working stiff who has been laid off for a year doesn't care about Lehman Bros. All he knows is that Strickland (D) and Obama (D) were in office while he was miserable.
That's how Clinton won in '92. There was a recession from '89-'91 (although not nearly as severe as what we are seeing today) and Bush caught the blame.