If memory serves, I believe Chretien was also in power during the .com meltdown.
Indeed. And what did Chretien do during the dot com meltdown? While your beloved Harper jumped at the first excuse to run a deficit, Chretien kept running a healthy surplus throughout the dot com meltdown. He did not follow Bush's example of running huge deficits.
I worked with folks af all political stripes who made out like bandits prior to that, at least one of whom lost $375,000 in one day. Whose fault do you think that is? Do you think liberals could have stopped it?
Are you talking of losing money in the stock market? If you lose money in the stock market, it is entirely your own fault (and if you earn money it is to your credit), you have no business to blame anybody for it. I have been investing in stocks for 15 years, and that is how it works. It is generous of you not to blame Chretien though, it is rare that a conservative does not blame liberals for evrything.
I don't blame Clinton entirely for the mess we are presently in, but he did set the wheels in motion for the housing crunch by allowing such lenient lending practices, and Bush did nothing to reign in dubious investment practices.
You don’t blame Clinton completely for Bush meltdown, blame him only partly? My, my aren’t you being generous. It is not every day that a conservative does not blame a liberal for everything.
Of course, the fact that you seem to blame everyone except Bush for the meltdown shows your conservative bias. According to you, Bush was guilty only of minor offense, in that he did not reverse Clinton policies, which caused the Bush meltdown. So the fault for the Bush meltdown really goes to Clinton, doesn’t’ it? Does it also go to Obama and Carter, as most conservatives maintain?
IWhen you raise interest rates to over 22% only an idiot would not be able to predict what will follow. Mulroney took similar action, with a similar result, these actions are certainly blameworthy.
Quite so, Bush was blameless in the current huge meltdown (he gets only minor blame), but Trudeau was totally responsible for his miserable economic performance. And you still claim you are not a Bush/Harper acolyte?
You just love to assign blame to conservatives, don't you. The economy is a complex thing. Far too complex for governments to manage.
I blame whoever is in power. Thus I do not excuse Trudeau for his miserable economic performance. You however, exclusively seem to blame liberals, no matter who is in power. Thus Bush meltdown is Clinton's fault, Bush is blameless for the economic meltdown.
Thus according to you, the fact that your beloved Harper is running the biggest deficit in Canadian history is the fault of the Liberals, even though Harper is the PM.
thear are always ones who wish to find one cause and say, "its his/her fault". This is extremely counter productive, much as yourself simply blaming conservatives, when there is plenty of fault to go around.
Indeed. like you claiming that it is always the fault of the liberals, even when conservatives are in power. (blaming Clinton for Bush meltdown, blaming Liberals for Harper deficit).