Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Can Hnst abe please tell us what were the Bush policies that wrecked the economy?
I keep hearing about 8 years of failed policies. Please let us know exactly what were the failed Bush policies.
3 Answers
- mr. chaoLv 79 years agoFavorite Answer
He did have failed policies, but none that single-handedly wrecked the economy. Most of his failures were around the war.
- Anonymous9 years ago
I am a republican, and he was not the main cause but he did aggravate the Problem. The one person most responsible honestly is Clinton though.
Bush continued the low interest rare policy that Clinton supported that cause the housing boom. this created a glut of houses that help cause the crash. It also help force people to take money from their savings and chase investments causing the boom and bust rollercoaster in the stock market as well as other investments.
His over reaction to Iraq created debt as well. Granted we should of gone to war, we should not have committed so much resources. His father was wise and just bomb Iraq into submission.
Paulson was slow to regulate banks as well. On the other hand BUsh himself did try to reregulate things.
- Anonymous9 years ago
The deficit is made of bush policies (yes, contards - the current deficit)
The biggest single piece of it, is the bush tax cut (which we borrowed trillions to fund).