Of course I supported the bailout and my bias is obvious. The conversation here in the comments are informative as well.
The article that Mark Thoma linked to makes comments like Schumer’s all the more maddening, but then it also makes that case for a lot of the politics of the Great Recession and beyond. But it is critical to understand those things that did happen, and just how dangerously close to collapse the economy really came in 2008. The partisan yip yap wouldn’t be so bad if any of those pundits and purveyors had a (expletives deleted,) clue as to what had happened and what is happening.
I don’t need some numb nuts telling me why income disparity and inequality is increasing. What I need is some of you wankers to tell me what you propose to do about it. “Ask not what your country can do for you, ask what you can do for your country.” Shorter: It’s time to be Americans first, again. Expert bullshit is still bullshit.