It is difficult for some of us to deal in facts. The fact is in 2007-08 the country was headed to a Great Depression. And President Obama, following the lead of President Bush, took steps to head off what would have been a disaster.
And today, Trump is traveling all over the United States promising to make America Great Again.
Look, Bush got us into the mess by deregulating Wall Street, and starting the "Ownership Society". Remember that? The idea was to make loans so easy to get that anybody could buy a home they could not afford.
And the vultures moved in, selling liars loans. Also Bush fought a war with a tax cut; an unbearable burdern for any country.
He was taking emergency steps to bail out the whole mess when President Obama took office; but the recession was Bush's.
Now Trump promises a return to 1955. Really....
In 1955 the United States was the only country left standing after WWII. The reason we stood alone in prosperity was because the rest of the world was still rebuilding.
And it made us lazy. For example, rather than rebuild our infrastructure to provide mass transportation for all, we decided on a car culture that is right now killing us. Europe did not have that option, it had burned up its meager oil reserves in the war. So they built bullet trains, we built freeways. Today, this is killing us.
Moreover, after WWII Europe and Asia's medical community had been decimated. The only way they could take care of their already reduced and sick population was with socialized medicine. So they did, creating a basic medical coverage for all.
In the United States we continued the privatization of medical and prescription care; based on a private insurance system tied to employment. This worked because in the 1950s we were operating at full employment, with jobs for everyone who needed work.
If Europe would have tried to adopt America's system, it would have led to widespread pandemics and death for millions.
So America became more unfair and inequitable in its Medical delivery system, Europe and Asia not so.
Today the country that wins; most efficiently uses its human and natural resources. The United States never had to do that, Europe and Asia did, and so we are at an enormous political and economic disadvantge.
Our people do not know how to share or sacrifice for the public good.
And here comes the reckoning!
