Wednesday, October 5, 2016

Recession nonsense 2008

A republican blaming a democrat president for the weak economic recovery is like the Lakers blaming Luke Walton for the team's crap performance the last decade. (Good luck, Luke. You'll need it. Go Clippers.)

A republican administration - and, post 9/11, one with as free a hand as any since Lincoln's - was on watch as the banking industry, with the help of relaxed regulations, care of the business friendly red team, burned itself to the ground, taking two and a half million of us with it.

And, of course, no one from the administration or the financial industry has been held accountable for any part of the collapse*, though Americans all over bear the withering effects of it still.

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