Originally posted by froot loops
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I think all here know that the first two years or so of Obama were recessionary (I know, it technically ended in March of 2009, but the effects lingered on the real economy). More important, the recession of 2008-2009 was "treated" with" two major monetary "injections". One was the $ 780 billion Stimulus. The other was the sundry bailout of major corporations (I've never heard the final amount on that). Both caused a "one-time" spike in GDP.
Of course, most of this mess was CAUSED by the Community Redevelopment Act of the 1990s. So, in a sense, the government was paying (using our money) for a policy "mistake".
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