When a President leaves office and a new President steps in, the transition has always been peaceful despite the carry over of unfinished legislation and unwanted decisions. Once the new administration is settled in, it is normal that the voters rarely hear anything good about the previous administration. The new guys endeavor to blame the old ones for every problem. Sometimes, perish the thought, they even embellish the failures of the previous administration. The current Obama people, for example, have carried this ["BLAME THE PREVIOUS ADMINISTRATION"] excuse to a new low.
Mr. Obama told voters "It's a choice between the policies that led us into this mess and the policies that are leading us out of this mess." Okay. What exactly were the policies that created this mess? He complained that most of the mess resulted from tax cuts. When he took office he had the power to cancel them, but he didn't. Why?
Interestingly, Mr. Obama knows that the real reason for the housing bust was that
Rhetorical: Doesn't this sound like the inmates are running the asylum?