Democrats like to say: "The worst thing we could do is to go back to the very same policies that created this mess in the first place." They are absolutely correct; we do not ever want to see again the policies that created the current economic mess. But we will, if Obama is re-elected.
Democrats want their audiences to believe that "…the very same policies," are those practiced by the Bush administration. Their hindsight stops with the 2000 election.
The real cause of our current economic dilemma began way back in 1977 with the Community Reinvestment Act, a law prohibiting financial institutions from "redlining." Until then, it was fairly common for banks to decide where they would invest their depositors' money. It was common for banks to draw a red line on a map around slum areas the bankers believed to be too risky to invest their customer's money. The law was tweaked a little in 1989, and again in 1992, but when Bill Clinton claimed the White House, he bought into the idea that society functioned best when managed by the government – especially by his government.
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