The Economic Downfall of the Century, thanks to.......

By Bianca Rugimbana

It appears the years of 2008 and 2009 have brought about much commotion and in my previous blog, the stir of the greatest economic downfall seemed to be the problem rocking the United States' economy and affecting millions of civilians. Although this to me, seems to be the most memorable event from these two years, it is important to understand how and why this Recession actually came about and one person that may be thanked for this downfall, is former President George. W. Bush. With his plans to "help" those in need, "protect" America and provide for a more stable economy has landed President Obama in an even bigger problem then Bush was faced with. Obama has now been sent into clean up the issues that Bush created and begin to rebuild the United States from scratch. In early 2008, as Bush began to come to his final days in the presidency role, he initiated 3.1 trillion dollars into the Federal Budget whilst America was already in debt by billions of dollars. This was just another extra piece of "help" that he added to the United States' economy and now today in November of 2009, we see Americans in a slump and the economy in a major recession. Oil prices are rocketing, unemployment has increased dramatically and more and more people are becoming infected with swine flu without the proper health care to assist them while they are sick. All of these contributions are not solely the blame of George W. Bush, however, the issues of today stem from the work of yesterday and it raises many questions in the heads of Americans as to whether or not these problems would be like this, if better decisions were made previously? That is just food for thought though. Time will tell as to whether Obama can reform and reshape the United States of America as we know it.