Originally Posted by 9QA
George W. Bush inherited a strong economy, a budget surplus, and a nation at peace. Eight years later, he left Obama with a shattered economy, a trillion dollar deficit, and two useless wars. Obama saved the country from another Great Depression, rebuilt GM, reformed healthcare, reformed Wall Street, doubled the stock market, created 12 straight quarters of GDP growth, created 30 straight months of private sector job growth, got Bin Laden, got Gaddafi, and got us out of Iraq.
I remember very well that Bush inherited an Economy that was trashed from the Internet Bust in 2000.
The Stock Market Doubled only after Investors realized Obama wasn't so bad, Many Corporations became leaner in productivity, and Stimulus Money was indirectly being pumped into the Markets. As for GM, They should have went out of Business or Merge with Chrysler.
As for the Jobless Rate, More people are dropping out for looking for work ,Therefore, they are not counted.