Not precisely, in our case far too many regulators got free market fever and simply quit doing their jobs. They allowed there to be tax advantages to outsourcing, never should have gone on a year much less decades, they allowed the minimum wage to steadily slip, they allowed shady banking practices to continue in the face of dire predictions of fraud, in other words, they allowed the free market to work against American citizens. I don't care what your political leanings are but Americans directly competing with foreign slaves for jobs had only one possible conclusion, no one can say differently.
Too many regulators got free market fever. You live in a dream world. You're obviously not a business owner and you have not been in management or worked on Wall Street. I have done all those, and I still run my own business. The reality is power hungry regulators are regulating us to death. We have government strangled markets, and that is the problem.
You're a hoot though. Clinton had an overt policy of forcing banks to make sub-prime loans and the fed funded them. W came in and said wow, that's not going to end well. Then he continued the policy. Then a few years later the housing bubble burst. But you can't connect those two simple dots.
Data point 1: Government forced banks to make sub-prime loans and government funded them with endless virtually zero interest rates.
Data point 2: The housing bubble burst when sub prime loan holders started to default.
So, occupied, what is the cause and effect relationship between those points?
Uhhh....errrr....hmmmm. Bam, I know, I got it! To much free markets!
All I can say is keep on chugging! The kool-aid is great!