Big Bend Texas
Platinum Member
- Mar 14, 2022
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The last depression ended in 1935 but returned in 37 after FDR's tax hikes, thence ending again in 38.They have been blocked for 35 years. The only time they had 60 votes was 2009 under Obama, but of course in the middle of a corrupt dereg bubble and bust GOP World Depression as usual. No time to raise taxes. The problem is brainwashed idiots like you...or Dem pussies who want bipartisanship argh....
An Annual Review of the U.S. Economy Since 1929
U.S gross domestic product by year measures the yearly output of the U.S. economy since the Great Depression. The GDP changes based on fiscal and monetary policy.
www.thebalance.com
The Housing bubble was a direct consequence of gov't lending policy and mismanagement at Freddie and Fannie. People went crazy for adjustable rate mortgages they could barely afford even without them adjusting up and then inevitably and predictably they went up resulting in the greatest foreclosure crisis in history.
Those so ignorant of history and economics should probably learn to shut up a lot when they are being discussed.