Did the Poor Cause the Crisis?
The US continues to be riven by heated debate about the causes of the 2007-09 financial crisis, with Republicans blaming government policies that encouraged the poor to borrow more than they could afford. But if US politicians love the poor so much, why have they bailed out only the rich?
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WASHINGTON, DC – The United States continues to be riven by heated debate about the causes of the 2007-2009 financial crisis. Is government to blame for what went wrong, and, if so, in what sense?