Robert Reich explains the economy

[jms62]

Originally Posted by Riot

Trading exotic derivatives helped cause the economic collapse, but have nothing to do with the deficit.

You are kidding right?

[Riot]

Originally Posted by jms62

You are kidding right?

No. Seriously. Tell me how Wall Street, recklessly trading financial derivatives, which caused the economic crash and helped the housing crash along, caused our deficit?

[jms62]

Originally Posted by Riot

No. Seriously. Tell me how Wall Street, recklessly trading financial derivatives, which caused the economic crash and helped the housing crash along, caused our deficit?

So tell me how the bailouts, the additional safety nets for unemploymnent, the growing welfare roles didn't increase our deficit?

[Riot]

Originally Posted by jms62

So tell me how the bailouts, the additional safety nets for unemploymnent, the growing welfare roles didn't increase our deficit?

It added to it, but it was a very minor addition. How was the deficit caused by or due to derivatives trading?

The massive deficit occurred before for years before the economic crash that caused the Great Recession:



And the deficit was caused primary by the Bush Tax Cuts and the Bush Wars in Iraq and Afghanistan:



Did you watch the Reitch videos? I think he does a good, clear job.

Just keep listening to him. You're not going to be swayed by anyone that doesn't gag on O's cock anyways.

[Riot]

Originally Posted by Coach Pants

Just keep listening to him. You're not going to be swayed by anyone that doesn't gag on O's cock anyways.

Who's your favorite economist? What caused the deficit? Where do you think Reitch is wrong?

[hoovesupsideyourhead]

Originally Posted by Coach Pants

Just keep listening to him. You're not going to be swayed by anyone that doesn't gag on O's cock anyways.

i laughed alot.