• acosmichippo@lemmy.world
    link
    fedilink
    English
    arrow-up
    23
    ·
    27 days ago

    the person above is an asshole but not entirely wrong. there was a good amount of deregulation under clinton, like repealing glass-steagall for example. not as bad a reagan but still not great.

          • acosmichippo@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            25 days ago

            that’s just false. the Gramm–Leach–Bliley Act which repealed glass-steagall passed the senate with 54 votes, which is a LONG way away from being veto-proof.

            glass steagall can hardly be reduced to a “line item”. he could have vetoed the entire bill and told congress to send him something without repealing glass-steagall.