Posted by caraher on October 1, 2008, at 22:59:07
In reply to Re: Oops-- there goes the economy..., posted by Sigismund on October 1, 2008, at 17:13:10
> You have an election (when?) so soon, and members of the House of Reps may be aware of the anger of their constituents?
Election is in November, same day as the presidential election. They're aware, all right - it's safe to say that direct constituent pressure resulted in the vote Monday, which is heartening as far as there still being some responsiveness to constituents among Congress.
> When did the deregulation start, anyway? Reagan? Clinton?
Yes.
The Reagan years were the beginning of "regulation is bad" ideology among people with government power. Some of the specific restraints relevant to this were removed while Clinton was president with a Republican Congress. Clinton arguably brought about changes that no Republican president could have simply because he was a Democrat; "welfare reform" springs to mind as something that would have caused a Republican to be raked over the figurative coals.
poster:caraher
thread:854180
URL: http://www.dr-bob.org/babble/poli/20080728/msgs/855219.html