Damn those Democrats from 1978, they are equally as guilty as the 2000ish Republicans who relaxed regulations and refused to enforce lending standards and promoted cheap money as a catch-all solution.
Clinton's removal of the Glass-STegal act is single-handedly one of the largest causes of this entire situation.
The low interest rates in 2001-2002 was in response to a fiscal policy hangover CREATED during the Clinton era.
Both sides of the aisle are equally responsible for this mess
