My point is that the impact of the housing market was small compared to the problems caused by the short sale changes. It harmed the entire market.
Also remember. Republcans held fast against no bailout, until the provision was placed into law that money returned from the bailot loans could not be respent, but to pay back down the debt.
Do you follow the finer nuances of such things, or read and go by sites like Common Dreams?
I checked Gallup. Gallup Daily: U.S. Employment Looks to me like the unemployment rate has stayed the same or dipped slightly June 1 to July 1, then to August 1. It's gone up to 8.8% this August, which is alarming, but the month isn't quite over. It could recover a bit, or go up more. There are more layoffs in the news. Very distressing. Each layoff is a person whose life has been damaged.
I think the deregulation of banks that allowed them to merge with Wall Street and start gambling with all of the money was a big player.
As well as stock market deregulation.
As well as the collapse of the housing market.
Uhh, no I didn't. It's included in the outlays.You conveniently left out repayments of 08 stimulus bail out money in 09/10.
"It's probably a better idea to discuss the policies which have resulted in the various changes, rather than timing."