such as claiming credit for the U.S. recovery from the GOP-policy-caused Great Recession
Teachable moment, here.
Focus on the two red lines. The thin red line is the historical slope of median housing prices. The thick red line is the actual median housing prices. That “bubble” that you see peaking in 2006 IS the ACTUAL HOUSING BUBBLE, right there in graphic format. And when that thick line reverts to mean, dropping off between 2006 and 2012……that’s essentially the worst of your “Great Recession” and its aftermath.
Now, here’s the part you won’t like. When did that economy-busting bubble start to be created?
Yep, between 1996 and 1998. That’s when the bubble started to build.
So, let’s take this “GOP Policy Created” crap and flush it down the toilet where it belongs. That housing bubble started to form BEFORE George Bush; it started to form BEFORE Glass-Steagall was ended.