Rustic
Diamond Member
- Oct 3, 2015
- 58,769
- 5,895
You're talking out of your ass. Dip shitThe flipping went into effect later, but it was never the cause.
The cause was banks pressured into giving loans to poor and minorities which caused an increase in house prices due to sales. Any investor following the news knew what to do next. When banks are giving away loans like pop-tarts, the only way for home values is up.
guy, I knew house flippers back in the 1980's, I don't know what the fuck you are talking about... and neither do you.
Wars have nothing to do with the labor participation rate, Santa Clause as President does.
No, but they do have something to with truly fucking up the economy. Which did. But I'm glad you are finally admitting your boy Bush gave us recessions.
According to the BLS chart, Bush took over with a 67% participation rate. When he left, it dropped down to 66 and then DumBama took over. After five years of DumBama, the rate went from 66% to 62.5%
Obviously, you can't read a chart. It was down to 64.5% by the time Bush's Second Recession was done decimating the middle class.