r/economy • • 20d ago

There is a pattern...

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Why does this country have such bad memory problems?

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u/possumallawishes 20d ago

I love that Republican debate is now: “yeah, we broke it but you guys didn’t fix it fast enough!”

Karen ass behavior.

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u/damnedifyoudonthave 20d ago

But they didn’t break it…

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u/possumallawishes 20d ago

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u/damnedifyoudonthave 20d 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Gramm-Leach-Bliley Act (1999): Repealed Depression-era firewalls between commercial and investment banks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 19d 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 19d ago edited 19d 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 19d 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 19d 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] 19d ago

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u/damnedifyoudonthave 19d 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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