I mean the big crisis of recent years, that happened because of bank incompetency with their subprime mortgages, was pretty devastating and has widened the income inequality gap considerably.
Oh, we know how. Not everyone wants to believe it, but we know how to avoid boom-and-bust cycles and how to avoid entering another Great Depression. Even Bush acknowledged the last part when he lobbied for and signed the TARP bill. The folks who insist that government regulation to prevent and stimulus to cure these problems are actually the cause aren't basing their claims on anything approximating evidence.
I'm not sure if we've learned that.
I mean the big crisis of recent years, that happened because of bank incompetency with their subprime mortgages, was pretty devastating and has widened the income inequality gap considerably.
Oh, we know how. Not everyone wants to believe it, but we know how to avoid boom-and-bust cycles and how to avoid entering another Great Depression. Even Bush acknowledged the last part when he lobbied for and signed the TARP bill. The folks who insist that government regulation to prevent and stimulus to cure these problems are actually the cause aren't basing their claims on anything approximating evidence.