Quote:
Originally Posted by Lucem Ferre
I think the economy is a very unstable thing but I do think the policies we pass have a significant impact. The last recession was directly linked to the deregulation of bank lending such as the affordable home act. Not every bounce in the Dow is directly related to how well the economy is (from what I understand). It's just noted that 9 times out of 10 huge drops in the Dow just like yesterday's has historically been followed by a recession. This time it was directly caused by the president.
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Yeh but that was a Clinton era policy. And Clinton was always credited with having a great economy. That's kinda exactly what I mean...