Reply #2: Iraq

[iamjoy]

The major reason we are in this financial mess is Iraq. You can debate whether what George HW Bush called "voodoo economics" - a policy now subscribed to by his son - helps or hurts the economy. But you cannot deny that throwing $3 trillion (largely borrowed from foreign interests) at a war does not do our economy any good. Yes, Democrats voted for that ware because they believed our President when he told them that its costs would be paid for with oil revenues.

It is unfair to compare Bush to Hoover. The worst we can say about Hoover and the economy is that he did nothing while it all went to hell in a handcart. But at least Hoover didn't help drag the cart there.