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? asked in Politics & GovernmentPolitics · 8 years ago

Did Slick Willy's Repeal of Glass-Steagall help the US Economy?

Update:

@Cons

Slick Willy did NOT sign the Repeal of Glass-Steagall then?

3 Answers

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  • Sean
    Lv 7
    8 years ago
    Favorite Answer

    It was the prerequisite of the Commodity Futures Modernization Act, both gave the financial institutions control over our economy.

    It shows that the outsourcing too big to fail monopolized economy we have today was planned.

    Clinton being a progressivist thinks globally and not about America itself, he felt our economy should belong to the world globalists and not the American people themselves.

    And here we are today with the results, burger flippers complaining that flipping burgers doesn't pay the bills. And Obama calling it the new norm.

  • ?
    Lv 7
    8 years ago

    presidents don't repeal in that case republicans did

  • ?
    Lv 7
    8 years ago

    it was bad for the people, but good for the economy

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