3 ms·

In the short term, sure. In the longer term… have you met 2008?

• bdangubic 2y ago
  see my comment above... you are right but there is no longer term in politics, especially in today's day and age...
  • mcphage 2y ago
    > you are right but there is no longer term in politics, especially in today's day and age Unfortunately, I still have enough years left in me, that I'm gonna be here for the long haul. The stock market exploding due to deregulation, and then in 10 years the entire economy imploding because of it, just means that I'm going to have to live through the economy imploding again.
    • bdangubic 2y ago
      I do not disagree, however my entire comment was on: I don’t think Trump made any campaign promises that wouldn’t deliver a catastrophic blow to the US economy I think deregulation will help the economy for sure. we can only speculate about the 10-year effects of such decisions
      • mcphage 2y ago
        > we can only speculate about the 10-year effects of such decisions I feel like I've been around long enough that I don't need to speculate on the long term effects of deregulation. We've seen the same things happen over and over.
• 0xy 2y ago
  Considering 2008 was inflamed by the Community Reinvestment Act, regulation that forced banks at gunpoint to lend to borrowers who were very likely to be delinquent, I'd say your comment is revisionism at best. Calling it deregulation when it was kicked off by a regulation that forced banks to give mortgages to people who could not afford it is a very questionable position.