posted by O-Trap
I know these are home sales, but part of the problem last time was that sub-prime mortgages were being handed out like bulletins at church. People were buying houses left and right. They just couldn't afford them, but they were getting approved anyway, in no small part because of the early '90s additions to Fannie Mae and Freddie Mac that allowed them to buy sub-prime mortgages (thanks for that, Barney Frank), which then prompted more sub-prime mortgages to be written.
And MY big government?
First, government is largely what caused the problems in '08.
Second, my point was that people buying homes is not a good economic indicator, because the housing market crash was preceded ... even contributed to ... by too much home buying.
Third ... c'mon, man. I've outed myself as an AnCap numerous times. YOUR version of government is exponentially larger than mine.
I'm loving Quaker using "YOUR big government" as if he actually believes his Republican government isn't just as large as any other version of our government, with the only real difference being what stuff we're throwing away ungodly amounts of $$$ at with no care about anything other than how it's "their side" holding the purse-strings.
Add in CC still being both hilariously whiny (one could say a SNOWFLAKE) over the MAGA hat being mentioned in describing an asshole and a complete idiot concerning the whole coronavirus deal, over-simplifying things to "one American getting it from unknown sources is the reason the stocks are down because fearmongering". I mean, by now, I should NEVER be surprised by his stupidity, but I still am.