An example of how Republicans invariably mess up the economy.

[osewalrus]

There is a reason the major financial crisis happen during Republican Administrations. Install folks who are sympathetic to business and responsive to industry lobbying, season with activist conservative judges, and we get an invariable collapse like the Savings & Loan scandal of the 1980s, the housing bubble of the early 1990s, and the subprime meltdown.
https://www.washingtonpost.com/business/the-junk-debt-that-tanked-the-economy-its-back-in-a-big-way/2018/07/27/af8b324c-90f3-11e8-bcd5-9d911c784c38_story.html?utm_term=.fcb2d72e0f25

Mind you, there is also the general problem of consumer abuse which is contractionary in nature. 

And not that Ds are so good, but Rs are so much worse. They do nothing to discourage industry excess.

Comments

[vettecat]

Oh good, another thing to worry about... (sigh)

[elizabear]

I want it to blow up so we can get the Republicans out of the majority power. But I don't want it to blow up because I'm within the blast zone.

Are you off Facebook again?

[osewalrus]

Yeah, I'm off FB again. It is bad for my mental heath. While I can easily deal with conservative trolls, the will to be stupid among some progressives is simultaneously frustrating and depressing.

And in what universe is the right response to a status update of "I'm majorly depressed" an invitation to self-righteous scolding? Enough.