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If the market continues to crater, who do the history books blame, Bush or Obama?

A friend of a friend who is quite savy on the markets predicted the failure of those banks and corporations and the entire chain of events we are seeing the government struggle against. The end result of his prediction was that we would see a 5 step collapse, with the markets finally ending around 4000.

Now if something like that should happen in the next 8 months, who would history blame? Obama or Bush?

I am inclined to think Bush would catch the worst of it. He would be seen as Hoover and Obama would be seen as FDR.

3 Answers

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  • 1 decade ago
    Favorite Answer

    It's too soon to know. I think we'd need to know what happened during Obama's term to know where the blame would be placed.

  • 1 decade ago

    Of course they would blame Bush. The blame him for everything. Obama is seen as Jesus across the world and no matter what he does in office no one will fault him! But I blame congress for not doing anything about those corrupt lenders after bush and John Mccain tried to say something about it!

  • Anonymous
    1 decade ago

    the american people

    bush and obama are trying to fix things but the american people are too stuck up to accept help

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