The Banker
Diamond Member
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- Banned
- #81
no it wasn't.That was Obama's entire economic model. Pump the markets full of money and hope it "trickled down". It didn't.
He inherited the Bush blow up, the worst economy ever that blew up after 7 years of failed GOP policy.
Obama's policy was to increase liquidity, which would raise asset prices and increase wealth, which would then restart the US economy after Bush and the GOP blew it up.
Its so laughable the way you can't accept and admit the Republicans blew up the economy terribly in 2008.
The republicans are a total failure, with failed results. All our recessions are under the failed GOP leadership.