Quote Originally Posted by willum14pb
that "boom" was due to the housing bubble, but after all the sub prime mortgages weren't getting paid and people's rates started adjusting everything went under, because banks/stock markets/government funded institutions all had their hand in things they shouldn't. Again, the tax cut had nothing to do with the decline of our economy. housing prices should go up with inflation, however, the exact opposite happened and everyone got too greedy. Failure to regulate these companies and it's obvious cause for the subsequent meltdown led to our shitty economy. That's been PROVEN. CNN/CNBC/FOX you name it, they all agree. It's irrefutable.
To add to that, theres no single party responsible for this mess. Everyone has an equal share of the blame, republicans, democrats, wall street, main street, you name it.