Quote:
Originally Posted by GregE
I think that what he, and his fellow travelers, are saying is that the 2001/2002 recession would (for all practical purposes) have never ended, but that that wouldn't be so bad because things would never have gotten as horrible as they are now either.
It's called being satisfied with mediocrity.
Not a very admirable goal IMO but, given current conditions, I suppose there's an argument to be made for such.
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For sure. It looks like they manipulated the markets to help create the housing bubble which created a sense that the economy was doing fine when in reality it was anything but. Kind of like putting a band aid on a cut, but not dealing with the internal bleeding.