Recession, housing crisis were in place prior to the Bush administration | Letters

The “Bush recession” actually started a long time before he took the oath of office.

Editor’s note: the following is in response to a letter printed in the Nov. 27 edition of The Courier-Herald.

Ah, Lee, Lee, you got to let go, man.

So, let’s review once again.

(Full disclosure, I am not a real fan of many of the Bush policies but respect the man and respect history.)

The “Bush recession” actually started a long time before he took the oath of office. The signs were clear at least a year before and Clinton knew about the coming crash of the tech bubble but did and said nothing cause the next Republican would get tagged for it. Democrat politics at its best. This was around the same time Clinton was caught selling missile technology to the communist Chinese (who last month announced they can now hit any U.S. city with a nuke) for campaign funds. The highest unemployment rates in Bush’s entire eight years in office was his last at 7.8 percent, compared to President Obama’s low of (officially) 8.1 percent, so far. Six years later the official rate is about 8 percent, but if you use the same metrics as the Bush era it’s 13 to 15 percent. Unemployment in the first (nearly) four years of Obama’s presidency was higher than that of any single month in president Bush’s eight years in office and it’s not getting better. Methodologies and reporting policies mysteriously changed under “I Won.” Imagine that.

As to the housing crash, let’s see who ordered the mortgage lenders to loan money to anyone, especially if they demonstrably couldn’t pay it back…anyone? Bueller? Clinton, Democrat Congress, Fannie Mae and Freddie Mac. Bush gave seven speeches within a year of taking office asking the Congress to rein in F/F to stop the disaster. Barney Frank (D), the Congressional head of F/F, called him a racist.

So Lee, 1) ya got to move into the 21st century and look at what’s what over a half a decade later. And 2) how’s that “hope and change” working out for ya?

Craig C. Sarver

Bonney Lake

More in Letters to the Editor

I wish I could stay in Enumclaw | Guest Columnist

There is a kindness and decency and desire to be a community in Enumclaw.

We live in frightening times

Our country is being torn apart from limb to limb, coast to coast.

Trump not accomplishing as much as supporters think

This is in response to Craig Chilton’s letter claiming Trump’s presidency is not a mistake because of all of his “accomplishments,” 81 signed pieces of legislation.

We need to be able to walk in another’s shoes

Just because my experience is different than someone else’s doesn’t nullify their emotions or experiences.

Please help the Sumner Food Bank

We have a need for a walk-in freezer with a capacity of approximately 700 cubic feet.

Watch for deer when driving

Two have been killed in Bonney Lake in the past month.

Thank you for the fun holiday contests

And I would also like to thank Olsens Meats for supplying the corned beef and ham for the winners.

Thanks for an awesome bingo night

Byron Kibler PTA would like to thank the following local businesses (in… Continue reading

Voting for Trump not “a mistake”

Trump had 81 signed legislative accomplishments in his first year, breaking the record set by President Harry S. Truman.

NRA is not the root of the violence problem

How about writing a column addressing that question instead of just finger pointing?

Thank you, Enumclaw Schools Foundation

With the grant we were awarded we were able to purchase books for 20 students.

Save the Enumclaw pool

I believe by knowing the pool’s benefits, a vast majority of greater Enumclaw would still support the now Enumclaw Aquatic Center.