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Idiotic Talking Point of the Day
Posted By Barry Ritholtz On June 25, 2010 @ 10:08 am In Bailouts,Regulation | Comments Disabled
I listened to Senator Bob Corker — and others — discuss the new financial regulations this morning. I was astonished to hear the single most moronic talking point evah: “New regulations will hurt job creation.”
You know what really hurts job creation?
The worst recession since the Great Depression, trillions of dollars in taxpayer monies used — unproductively — to bail out irresponsible banks. Oh, and 15 million lost jobs.
THAT hurt job creation, you frickin’ eejit.
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