November 24, 2008
Democrats are much better Republicans
This is a GDP growth chart under different Administrations over the last 70 years from Brad DeLong's blog. Actually, he has a bunch more charts over there that are very interesting in so far as pointing out that Democrats are far better for the economy than Republicans.
Over at Slate, there is a great article about sub-prime lenders who are still in business. We call them the good guys. Their down payment guidelines are very lax but everything else is just as tight as tight as A paper. And their default ratios are even lower.
See, I keep telling y'all I know more than Larry Kudlow. He was wrong on who's best for the economy and the CRA.
Posted by mcblogger at November 24, 2008 09:03 AM
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