The Rabbi
Diamond Member
- Sep 16, 2009
- 67,733
- 7,923
Are you saying that the WSJ and NYT analyses are incorrect, or are you accusing the original poster of interpreting them incorrectly?
It doesnt matter.
The fact that the economic crisis was primarily caused by the private sector conflicts with rightist dogma, and its attacked accordingly.
Like most crises it was actually caused by gov't action, with business responding to conditions created. Or do you think the Fed did not keep rates artificially low during those years?