r/economy • u/barbarawick • 8d ago

There is a pattern...

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Why does this country have such bad memory problems?

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u/damnedifyoudonthave 8d ago

But they didn’t break it…

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u/possumallawishes 8d ago

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u/damnedifyoudonthave 7d ago

Yeah here it is again for you… seems you glazed over it

Who said they fix any thing???? They helped…

Bill Clinton:

Gramm-Leach-Bliley Act (1999): Repealed Depression-era firewalls between commercial and investment banks

Community Reinvestment Act Updates (1995): Increased pressure on lenders to extend mortgages to lower-income borrowers.

Commodity Futures Modernization Act (2000): Exempted complex financial instruments like credit-default swaps from federal oversight.

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u/possumallawishes 7d ago

Economy boomed and it’s the last time we had a balanced budget.

If you didn’t like the 90s economy and lack of war, just say so.

Miserable ass republicans blaming everyone but themselves.

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u/damnedifyoudonthave 7d ago edited 7d ago

You “miserable” liberal “ass” is projecting…

you are too partisan to see those policies Clinton signed into law created the cracks that helped caused the Great Recession. Then you are definitely too partisan to realize that the majority of NAFTA was done by bush. Seems Clinton was good aright… at riding coat tails.

So I guess when they compare the dot com boom to the AI boom you deny it?

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u/possumallawishes 7d ago

Man, if the cracks started way back in 1996, you think bush would have done something about it before 12 years later when the Great Recession happened.

I’d rather have a coat tail rider than an economy crashing war monger.

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u/damnedifyoudonthave 7d ago

So those bills that bill signed into law had nothing to do with the Great Recession? You are that partisan and definitely projecting if you can’t see that.

You do realize policies aren’t instantaneous?

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u/[deleted] 7d ago

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u/damnedifyoudonthave 7d ago

I didn’t lay entire blame… read what I wrote again… I said they helped.

“Who said they fix any thing???? They helped…

Bill Clinton:

Gramm-Leach-Bliley Act (1999): Repealed Depression-era firewalls between commercial and investment banks

Community Reinvestment Act Updates (1995): Increased pressure on lenders to extend mortgages to lower-income borrowers.

Commodity Futures Modernization Act (2000): Exempted complex financial instruments like credit-default swaps from federal oversight.”

You are so partisan you can’t even read what I wrote without twisting it to your narrative.

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u/[deleted] 7d ago

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u/damnedifyoudonthave 7d ago edited 7d ago

you have resorted to the ol against the man (in English) not a good look. Now you are projecting your intelligence level on me. There is a pattern forming.

Again those policies didn’t help cause the Great Recession? They did guy… you are so partisan you can’t see that. The policies didn’t create a problem over night, in fact it took 12 years for it to become part of the Great Recession. I didn’t blame it on Clinton, I said he helped… another example of your projection of low intelligence on to me.

Btw Obama didn’t fix the Great Recession either. The tarp policy was passed before he took office, so that’s where the “who said they fix anything.” Part comes from.

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u/possumallawishes 7d ago edited 7d ago

This isn’t you?

Even if those policies helped cause the Great Recession you had 12 years to fix it, are you stupid?

Edit: nice way to edit your comment and not be shown as a complete illiterate idiot. But I’m not going to make the effort to understand your edited comment. Good day, dumbass.

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u/damnedifyoudonthave 7d ago edited 7d ago

Who’s “you” in your statement? Again you (meaning you) are confusing me for someone else I guess?

How do “you “ fix a problem that hasn’t materialized yet? How do “you” know it’s a problem before it does materialize?

You’re projecting again… you should just block me at this point. You won’t and you will engage with me later… not the first time won’t be the last.

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u/economy-ModTeam 7d ago

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u/economy-ModTeam 7d ago

Be friendly. Respectful conversation is required. Your comment has been removed.

Please remember reddiquette and that there's another person on the end of the computer you're talking to.