Under rating threshold (hideshow)
twig1919- Reagan deregulated way more than Clinton ever did. Reagan started the deregulation boom back in the 80's, which led to the massive national debt and the S&L collapse and ultimately to the mess we are in today. So if you are going to look at textbooks, perhaps you should look a little farther back.
And as far as Clinton deregulating the banks, that is only correct insofar that he signed into law the act abolishing the Glass-Steagall Act, but the act, known as the Gramm-Leach-Bliley act, was authored entirely by Republicans and only finished what Reagan started.
Apparently it is you who have no idea what you are talking about.