From: EndOfDiscOne | #039
Clinton is reponsible for the housing market crash. He made it easy for everyone to get mortgages then they all went and defaulted on them.
Alright after looking into it briefly, but only briefly, this looks like a fair stance on the surface. I was more looking for specifics than the economics theorycraft that User728 is serving here.
But did W actually attempt to do anything to help clean this up? I don't recall anything. Hindsight is 20/20 and you could argue it was W being negligent that caused the issue to go awry as much as anything. You could also possibly blame it on banks being too eager to give out loans back then. There are a lot of factors and it's hard to be sure that Clinton is mostly to blame there without more evidence that I don't entirely care to look into at the moment-- but if you've got it offhand I'd be interested.
In any case, it's not as cut and dry as an economic plan that consists of tax cuts and ridiculous increased military spending not working out, for instance.
--
I tried to have a fierce rivalry with SuperNiceDog, but he made me look worse than a GameFAQs Contest!