General Discussion
In reply to the discussion: It's Looking More And More Like The Recession Was A Deliberate Set Up By GOP [View all]unblock
(56,215 posts)the idea that they wanted a recession is really over the top. many well-off people lose out big in a recession, and politically, this one has been quite damaging to the republican brand.
no, this recession had its roots in the republican philosophy that the government should be recklessly indifferent to corporate greed and its external (third-party) effects. they're committed to the notion that greedy corporations should be able to grab as much loot as they can, however they can, even if a wrong bet throws the economy into a tailspin. why? because greedy corporations share the loot with those who defend their greedy philosophy.
isn't that damning enough?
just because rich enough people ALWAYS have opportunities to get even more rich doesn't mean they prefer the ones associated with a recession.