The Economic Blame Game

I am tired of hearing Democrats say they inherited the bad economy. The Democrats are being naive if they think they have no ownership over what happened and what will transpire in the future. I wish they would quit playing the blame game and move on already and address the current problem. This is why Democrats are just as much to blame as Republicans:

1. The Democrats let Frannie Mae and Fredie Mac give questionable loans to home buyers. This practice started under the Clinton Administration. Frannie and Freddie hold one half of all the bad mortgage loans in the country. When Republicans pushed for more oversight of Frannie and Freddie Democrats charged that Republicans want to kill the dreams of less fortunate Americans to be home owners.

2. Democrats held a majority in Congress when the financial meltdown started. Senators Chris Dodd and Barney Frank led financial committtees and did nothting despite seeing many warning signs of a collapse.

3. I remember Democrats blamming Bush for the 2001 recession that started about a month after he entered office when the dot com bubble burst. They felt that Clinton had no responsibilty for getting us into that mess just as they feel that Obama has no responsibility for getting us out of the current mess.

I wish the Democrats and Republicans would quit playing the blame game and move on. Why can't we compromise and say Clinton is mostly responsible for the 2001 recession and Bush is mostly responsible for the 2008 recession. And we could say that Bush got us out of the 2001 recession and hopefully Obama will get us out of the 2008 recession. It is as simple as that. Lets move on already, the past is the past and nothing can be done to correct that.