Mitt's on R-Money is a Replay of the 'W' Disaster

The answer to the Minnesota billboard would appear to be a resounding NO!

If you take a long look at who Mitt Romney has for advisers, in all categories, they are a retread of George W. Bush's White House.

Remember how that worked out?  In case your memory is short, or faulty / Republican.....read the article below: 'Dubya' is the most unpopular living president.  Conservatives may have forgotten what an un MITTigated disaster the previous president was, but the rest of us haven't.  Mitt R-money might want to remember that the next time he makes a snark invoking Jimmy Carter.

from MSN Money:

Did George W. Bush cause this crisis?

Economist Nouriel Roubini says 5 factors helped turn the nation's economic surplus into a deficit during Bush's presidency.        By Kim Peterson Aug 15, 2011 2:32PM

One well-known economist says that former President George W. Bush is to blame for the current economic crisis.

Nouriel Roubini, a New York University professor nicknamed "Dr. Doom" for his dour views on the economy, says in this video that when President Obama came to power, he inherited a budget deficit of $1.2 trillion. When Bush came to power, the country had a surplus of $300 billion.

How did we get a $1.5 trillion change in our fiscal condition during Bush's time in office? Roubini lists five factors:

1. We cut taxes.

2. We spent $2 trillion on two unwinnable wars.

3. We doubled discretionary spending. Some conservatives originally aimed to "starve the beast" by cutting taxes in order to force future cuts in spending. But spending grew so out of control in Bush's term that no beast was starved, Roubini said. In fact, the beast was fed.

4. We added entitlement benefits like the Medicare drug benefit.

5. We entered the largest economic and financial crisis ever, which caused a huge increase in the deficit through the "recession deficit" and the cost of bailing out the banks and financial institutions.Obama "inherited a mess," Roubini added. "We're lucky that this Great Recession is not turning into another Great Depression."

Roubini became famous after warning in 2005 that the housing bubble would cause an economic crisis. Many dismissed him at the time, but after the housing bubble collapsed he was given credit for foreseeing the problems.
read more here.

I would add the failure of Bush administration regulation, and the combined Democrat and more so Republican elimination of, and resistance to, regulation that would have prevented the financial crisis that rivaled the Great Depression.

TOP TWEET

RobertDriemeyer

No shocker, I bet GOP doesn't want us reminded he's why we're in this mess. "GW Bush Most Unpopular Pres" http://t.co/yQe0MX1p @HuffPostPol

 

14 hrs ago

Georgebushquotes

also from MSN Money:

Dubya ranks as most unpopular ex-prez alive

4 hrs ago 
George W. Bush has always been in a league of his own. Unfortunately, that now includes standing out as the most unpopular living ex-president, with an approval rating under 50 percent, according to a new CNN/ORC International poll. Talk about stirring up father-son rivalries: While a paltry 43 percent of those questioned had a favorable opinion of Dubya, dad George H.W. Bush sailed in with a respectable 59 percent. What do you want from a guy who once said, "I know the human being and fish can coexist peacefully"? We wonder how Joe Biden would do if he ever makes it to the hot seat.

Never mind "No child left behind", we need to leave George

W. Bush Republican policies  behind, as far behind as is humanly

possible.