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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (614364)6/2/2011 1:27:03 PM
From: tejek  Read Replies (1) of 1578704
 
The government-managed approach is based on the quixotic notion that regulators can control the tides of boom and bust. It never works because politics almost always messes up the process. Even the most recent fiscal crisis was helped along by politicians who wanted to cash in on the real estate craze.

The US had its longest economic expansion under Clinton when the regulators were very active.

Like with many issues, American conservatism has failed to put forward a successful economic plan that benefits all classes and not just the rich.
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