Quote Originally Posted by CLW View Post
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.
So wait, at a time when the country had the LARGEST SURPLUS IN IT'S HISTORY, it was actually fake and not a testament to the work that the Clinton administration did to FIX things that Bush Sr and Reagan fucked up? You've got to be fuckin' kidding me right?