Quote Originally Posted by psusnoop View Post
Just with that one that I bolded there is a point there but it isn't the whole point. There were other factors that went into the recession of 2008 not just the housing bubble. To say it was just that is silly to say the least.
I'm all ears for any other cause of the recession other than anything directly/indirectly associated with the housing bubble and thus the liberal idea to lessen credit standards so that everyone could own a home regardless of whether they could afford one. The banking/insurance sector made STUPID moves associated with the lessening lending standards and sold crappy products to investors who wanted in on these "sure bets".

You take away the housing bubble/bust and most if not all of the economic problems in the private sector are gone.

Interestingly, Clinton largely benefited the MOST from two false bubbles during his presidency: (1) .com bubble (2) fake housing boom

Take away those two false beliefs at the time and the Clinton "boom" economy largely goes away.