Amazing how this complex phenomenon can be so neatly explained by your pet peeve. Especially when the bailouts happened under W. Amazing indeed. - ThreadSky

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bskylife.bsky.social • 90 days ago

Amazing how this complex phenomenon can be so neatly explained by your pet peeve.

Especially when the bailouts happened under W.

Amazing indeed.

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miloschindler.bsky.social•90 days ago

Dems controlled both the house and the senate, and worked with the Bush administration to pass TARP in a form that didn’t hold any of the worst offenders like Fuld, Cassano, or Mozilo accountable.

It’s not a pet peeve. It’s a theory that matches the timeline.

bskylife.bsky.social•90 days ago

Except the timeline here shows a huge jump in Dem party ID right after this happened. Try harder.

miloschindler.bsky.social•90 days ago

Are you a bot? Take another look at the graph.

bskylife.bsky.social•90 days ago

I am. The bailout passes in 2008 and the same year Dem ID hits an all time high (for the graph).

It then starts to drop because there is a natural backlash to Obama's election combined with a recession. This is just thermostatic feeling, there's nothing that deep here.

bskylife.bsky.social•90 days ago

Dems march with unions, Dems fight for worker rights, Dems save pensions, Dems revitalize manufacturing.

But it was actually a program signed by a Republican which is the real thing that matters.

Give me a break.

miloschindler.bsky.social•90 days ago

Dems are better for the working class than republicans. You’ll get no pushback from me there. I’m a democrat.

What I’m talking about is optics and the erosion of trust among progressives in crony capitalism, which most democratic politicians are complicit in as well.

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