Michael Steele: Nation’s Economic Collapse Is All The Democrats’ Fault
Michael Steele’s first appearance on "This Week" as RNC Chair took historical revisionism to new, truly virtuosic heights.
GEORGE: Well you heard Larry Summers right there on the stimulus package. He says that after the last 8 years, your party has no credibility on the economy.
STEELE: Well, I think that’s laughable. I mean you act like we have spent the last 8 years in the mess that we’re currently in. This is about 18 months old.
Let get out my calendar here. Hmmm, 18 months ago would be … August 2007, when, a-ha!, the Democrats controlled both the House and Senate. Sure, Bush was still President, but he was totally powerless to stop those liberals from crashing our entire banking system.
STEELE: The reality of it is, Bush inherited a recession. He got us through that recession. The spending was out of whack…but the economy did grow, close to 6 million jobs we’re created. Now we’re on the downside of that.
We should all be so grateful that Bush came along to save us from that horrible Clinton recession. What a disaster the economy was in the 1990s. And now, we’re just on the "downside" of the Bush Recovery, caused by Nancy Pelosi.
STEELE: Remember in 2003, George Bush sent a bill to the Congress asking them to deal with the Freddie-Fannie crisis at that time. And the committee said no. So the reality is, all of this stuff we’re now dealing with, could’ve been dealt with along the way…
If only we’d listened to George Bush, we wouldn’t be in this mess today.