The crash in 2008 was due to the lowering of the lending standards years earlier by Carter and Clinton. It was precipitated by the Democrat led Congress by allowing Fanny and Freddie to peddle worthless mortgage securities to unsuspecting buyers. When the Bush admin warned the Barney Frank led House Financial Services Committee of the impending financial crises, they were dismissed out of hand.

In short, the crises of 2008 was NOT of actions done in 2008, but was a crescendo of actions that had been brewing since the Carter administration's policy of pushing unsecured loans for low income families.

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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine

A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington

Don't forget in 2006 the Democrats won control of the House and Pelosi put a stop to any new offshore drilling. They did nothing to encourage growth of the economy. Gas prices soared, along with unemployment, and the working class couldn't pay their mortgages.

With wages stagnate and prices of everything rising, no help or relief came from Congress.

But blame the President?

OKAY I will, things got sooooo much better under Obama. Of course the GOP led Congress was no better for the average American worker.

If anyone has trouble understanding my point, I'll try to be clear...; Neither party has been for the average hardworking Citizens of this country for decades.

It is why Trump, for all his faults, was popular in 2016.

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I am going to hang a Batman Costume in my closet. .......... Just to screw with myself when I get alzheimer's.
sola gratia, sola fide, sola scriptura.

I AM NOT A REPUBLICAN, I AM A FREEMAN, THE DEMOCRATS WORST NIGHTMARE

Is anyone else noticing the increase in pricing across the board?

Our customers/contractors, are freaking out, we have more than doubled our prices due to manufacturing price increases, and the lead times have doubled and tripled for many.

Surcharges alone have been 25-45% I believe this is one of the reasons the stock market has been tanking.

My wife and I saw our financial advisor a couple weeks ago, and he is NOT throwing our money into the markets.

We are waiting for a bottom, that is currently not in sight

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Political Correctness, is Fascism masquerading as manners - George Carlin.

https://www.westernjournal.com/biden...233493ad3fef83

Most of us knew this would happen, even the Democrats should be smart enough to not believe their taxes would not go up.

The also thought Biden would go after the rich, but Trump actually made the Rich pay more than Biden is making them pay.

I swear, the left will believe anything a Democrat says.

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Political Correctness, is Fascism masquerading as manners - George Carlin.

Actually no it was lowering taxes on the rich. Same thing that caused recession in the 80s. If it hadn't been for elder Bush raising them a bit, we would have had a depression.

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On a more positive note, people still can't order dialysis w/o a referral.

Tax increases were built into the Trump tax redo. I tried to tell you that and it's also difficult to undo. no sunset provision.

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On a more positive note, people still can't order dialysis w/o a referral.

Once again, you look for very simplistic explanations to complex problems that fit into your world view. If you cared enough for the issue to actually study what happened and why, you might get a glimpse into the issues we are seeing today. I don't expect that you will, but that does not prevent me from pointing you in the right direction.

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To argue with a person who has renounced the use of reason is like administering medicine to the dead - Thomas Paine

A lie doesn't become truth, a wrong doesn't become right, and Evil doesn't become good, just because it is accepted by the majority. - Booker T Washington

The Trump tax reform reduced business tax rates to make the US competitive for capital investment with the other developed nations in the world. Individual taxes were also reduced but to meet the rules of reconciliation the reform has a sunset clause. Remember it was Democrat Harry Reid who "pioneered" twisting the reconciliation rules into a means of passing massive spending bills while avoiding the filibuster to cram Obamacare's Federal takeover of healthcare down the People's throat.

It's often overlooked that President Trump not only cut taxes across the board he directed an aggressive reduction in Federal regulations which set off a wave of economic growth and prosperity pre pandemic. That's quite a contrast to Joe Brain Damage with his failed Build Back Broke authoritarian imposition of a managed economy by executive decree.

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If Democrats were confident their nominee actually received more than 80 million votes they wouldn't have more troops occupying Washington, DC than Lincoln had defending the city during the Civil War. Not Joe Biden, Kim Jung Biden.