SocraticGadfly: Blame Congress for Sachs, and other things

April 27, 2010

Blame Congress for Sachs, and other things

Nothing to argue with in this NYT column; for years, I've excoriated President Clinton and Congressional Dems for their part in killing Glass-Steagall. (It was nice to see the Slickster's belated apology for that earlier this month.)

The other things? Michael Lind notes that bipartisanship led to other deregulatory clusterfucks over the past 30-35 years, most notably airline deregulation.

That said, I'm not as death on airline dereg as him, or I wasn't when I lived in Dallas. It did make travel cheaper for many. Of course, where I am now, in a large town/small city area, it's a bit different.

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