Both parties are a little too married to their economic philosophies to change course as times change. The fact is that neither system works in 100% of economic climates. But they are unwilling to shift gears they keep doing the right thing until it becomes wrong, and then they keep doing it anyway until they are voted out.
Then the next party does the complete opposite whether it is the right thing to do or not. The failure of both sides to adapt results in huge swings of boom and bust cycles.
The Dow reached its all time high of 14,000 in 2007, on Bush's watch. It was no bubble, the Dow was above 10,000 the majority of Bush's time in office up to that point. But after the GOP lost its majority in Congress in 2007, the Dow took its worst one-year plunge in history.
Bush's economic policies worked for six years. But after the GOP lost control of Congress, it was all downhill from there. After the GOP lost control of Congress, then the GOP was not able to pass legislation that could have prevented the crash.
The Democrats did nothing. The GOP might have done something, but they couldn't because they didn't have a majority anymore. Bush's watchlist system worked for 8 years and 3 days.
Even if you start counting with the shoe bomber on 12/22/2001, it kept us safe from airliner bombings until 12/25/2009. If the system worked that long, why did it fail less than one year after Obama took office? The problem is not the system, it's the people who are now runing it.
They took a system that was working, and in less than a year it fell apart. And unemployment was NEVER 10% on Bush's watch. The so-called "mess" that Bush gets blamed for actually happened AFTER the Democrats gained seats in Congress and the GOP lost its majority.
I think that points to who is REALLY to blame, and why these problems persist after the Democrats have gained even more control. UPDATE: The Dow rose from 12,000 to 13,000 from October 2006 to April 2007. The Dow rose from 10,000 to 11,000 from October 2009 to April 2010.
How is Obama doing any better than the "mess" Bush supposedly made?
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.