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Notice how the chart shows that it wasn't a gain b

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Post# of 65629
Posted On: 02/05/2016 6:38:40 PM
Posted By: Bhawks
Re: RELLValue #1003
Quote:
Notice how the chart shows that it wasn't a gain but rather a reversion to what it was before policy created the recession.



You use the word 'reversion' as though it was an automatic response, as though it was a sure thing. Everything I've read suggests we were very close to slipping into a depression.

TARP, the auto industry bailout and the Stimulus not only helped to avoid that but also helped to avoid a double-dip recession. Those were actions taken by two presidents.

So no, I don't buy that things were going turn out all right with no intervention by government.


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