Quote:
Originally Posted by RIJIMMY
That was why Clinton was on Time's "people to blame" list.
Although its Bush getting all the deregulation blame.  |
It was a Republican sponsored bill which the Dems in congress mostly opposed. You can't really blame Clinton for signing it into law as the economy was cranking at the time and he wasn't about to get in the way of industry.
There's not much difference between Clinton and Bush on policy here, although it was under Bush that the sub-prime lending really took off. Some of this could have been just timing though.
-spence