Financial Bubbles and Meltdowns

Left-leaning politicians make a mess out of an ordinary economic cycle and blame it on others.

What was a simple sub-prime mortgage problem, that normally would lead to a minor recession, has become a near Depression, comparable in many ways to that of the 1930’s, because of political meddling and bumbling.
 
Great Depression observers see how Franklin D. Roosevelt over-reacted with over-spending. Then he over-taxed and over-regulated business and created a Depression psychology that prevailed until World War II, which acted as a giant economic stimulus.

The same political meddling and bumbling is occurring today. The extraordinary spending has produced a crises in the form of senseless, business-stifling regulation and taxes, and eventual over-powering inflation.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)