Bill Warner: The economy was ‘wrecked’ long before Obama came into office
Re “Most know Obama wrecked the economy” (Letters, June 1): Reports of the financial collapse of 2008 are numerous on the internet. This started with the recession in 2007 and the stock market crash on Sept. 29, 2008. It occurred at least a month before the election in November, 2008 and about three months before the inauguration in January 2009. This collapse occurred while President George W. Bush was still in office and ended up costing taxpayers $29 trillion.
Maybe this is why we have so much debt. I am not sure how the previous letter writer did his research and came to the conclusion that “Obama” wrecked the economy before he was even elected. Not everything you read on the internet is true.
Bill Warner, Ceres
This story was originally published June 2, 2016 at 10:42 AM with the headline "Bill Warner: The economy was ‘wrecked’ long before Obama came into office."