Republicans, deregulation, and the current financial mess
The Depression came about after the corrupt years of Harding following by Silent Cal Coolidge and Herbert Hoover, neither of whom did anything to get in the way of their money-making pals. It took a long time to rebuild after that, but rebuild we did, with increased regulation and protection for ordinary citizens. There were ups and downs after that, but on the whole, the economy did pretty well.
http://www.azcentral.com/arizonarepublic/business/articles/2008/09/16/20080916biz-mktwallstreet0916.htmlDow sheds 500 points in worst skid since 2001 terror attacks
Sept 16 2008
The shit hit the fan, BushCo couldn’t wait to get out of town!
http://www.azcentral.com/arizonarepublic/business/articles/2008/09/16/20080916biz-mktwallstreet0916.htmlNo Confidence was shown when the Republicans lost the House and Senate, then reaffirmed when Obama was elected, that the True No Confidence Vote. Could you imagine what BushCo would have done if Clinton handed this mess to him? Go in the corner and suck his thumb.