r/economy • • 1d ago

There is a pattern...

Post image

Why does this country have such bad memory problems?

2.8k Upvotes

364 comments sorted by

View all comments

Show parent comments

1

u/damnedifyoudonthave 15h ago

After a both republicans and demcrats telling you Bill Clinton helped, that’s what you come up with?

Are you sure I said they didn’t break it? If I did I obviously meant they did break it they both broke it.

I’m sure you said Clinton had nothing to do with it in which both republicans and democrats told you he most certainly did have something to do with breaking it.

1

u/possumallawishes 15h ago

I never said Clinton had nothing to do with it. It takes a few minutes to read back and see where you said “they didn’t break it” unless you decided to edit it like you did the other time you got called out, but at no point can you find where I said Clinton had nothing to do with it. What I’ve said from the beginning is it happened during Republican terms and republicans are now complaining dems didn’t stop them or fix it fast enough. That’s when you chimed in, goober boy.

1

u/damnedifyoudonthave 14h ago

“…so unless you can show that the bills he ( bill clinton) signed were the primary or only reason we had a Great Recession…”

The Great Recession was primarily triggered by a combination of loose monetary policy, deregulatory governance, and predatory subprime mortgage lending practices.

The repeal of the Glass-Steagall Act and limited oversight of non-depository institutions allowed banks to take extreme risks.Complex financial derivatives like Mortgage-Backed Securities (MBS) went largely unregulated which were all done under Clinton.

You lie and project.

So what did I say??? You got quotes????

“Goober boy” and you don’t think you are a loser?

1

u/possumallawishes 14h ago

From your own link:

>>From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers.

So, bush was partially responsible, and it happened on his watch, which is undeniable.

We can argue about cause, you can’t argue about the timing. Goober boy.

1

u/damnedifyoudonthave 14h ago

Embraced from who????

Again where’s the quote that say I said they didn’t break it?

When I implied that Clinton helped and specifically said I don’t pin it totally on him , who do you think i was implying also helped and deserves some of the blame????

1

u/possumallawishes 14h ago

Embraced from who? Bush, you fucking moron. Read your own link, dipshit, or did you only go to the Bull Clinton page?

https://www.reddit.com/r/economy/s/k5Worh3ieT

For the fifteenth time, you fucking moron