Notice how the chart shows that it wasn't a gain b
Post# of 65629
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.