Did Neil Cavuto Just Blame Obama For The Bush Financial Crisis?

Republican presidential candidates, from left, Ohio Gov. John Kasich, New Jersey Gov. Chris Christie, Sen. Marco Rubio, R-Fla., businessman Donald Trump, Sen. Ted Cruz, R-Texas, retired neurosurgeon Ben Carson and fo... Republican presidential candidates, from left, Ohio Gov. John Kasich, New Jersey Gov. Chris Christie, Sen. Marco Rubio, R-Fla., businessman Donald Trump, Sen. Ted Cruz, R-Texas, retired neurosurgeon Ben Carson and former Florida Gov. Jeb Bush take the stage before before the Fox Business Network Republican presidential debate at the North Charleston Coliseum, Thursday, Jan. 14, 2016, in North Charleston, S.C. (AP Photo/Rainier Ehrhardt) MORE LESS
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A question posed by Fox Business Networks Neil Cavuto at Thursday’s main GOP debate had a curious way of glossing over the fact that the 2008 financial crisis came under President George W. Bush.

Referencing a dip in the stock market to start 2015, Cavuto asked Ohio Gov. John Kaish about how he would manage a financial crisis.

“Investors have already lost $1.6 trillion in market value. That makes it the worst start to a new year ever. Many worry things will get even worse, banks and financial stocks are particularly vulnerable,” Cavuto said. “If this escalates like it did back when Barack Obama first assumed the presidency, what actions would you take, if the same thing happens all over again just as in this example you are taking over the presidency?”

As University of Michigan economist Justin Wolfers pointed, the stock market has more than doubled since since President Obama came into office.

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Notable Replies

  1. He implied it for sure. Do these numbnuts really want the nation to go back into a ‘conservative’ depression?

    Kasich just lets it pass too. This isn’t a debate, it’s an asshole convention.

  2. I’m really glad Josh pointed this out. Unbelievable.

  3. When this country falls, it’s gonna be because of a rotten and lazy press/media that just lets these baldfaced lies pass in an attempt to be “fair and balanced”.

  4. When Cavuto asked that question, my jaw dropped. They weren’t even going to try to cover their bias.

    By the time Kaisich was answering his question, I was so disgusted we shut off the debate.

    To those of you who watched it, you have my sympathy.

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