Comments by "" (@thehumanity0) on "Why The Coronavirus Recession Is Unlike Any Other" video.

If FDR's economic reforms & Wall Street/banking regulations had stayed in place until today, we likely wouldn't have seen the 2008 Recession or the severity of the Recession/Depression going on now. People had a reason to think it would never happen again, they thought their children, Republican or Democrat, wouldn't be stupid enough to dissolve laws like Glass Steagall & other key banking Acts many of which started to be deregulated as early as the 1980s Ronald Reagan administration.
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People should tell this to the people living in states like Ohio & Michigan or communities that never recovered from the 2008 Recession. This is a total joke.
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@Hans.Dewitt The more socialist countries in Europe that have robust Social Safety Nets are objectively doing far far better than how the US economy is responding. People here can't even get a virus test done. Our country is embarrassing in comparison.
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These people in the video are either total idiots or just plain lying to put a positive spin on our already corrupt broken system that has massive inequalities. Any serious person would tell you that a Recession was inevitable to happen & all the signs were already there. Titanic amounts of Federal Reserve spending & corporate stock buybacks have inflated our markets to the point of bursting so hard the system can't be fixed, just like the 1929 Stock Market crash, where our economy only recovered after the biggest societal reforms & infrastructure programs in United States history (also the mass mobilization around a World War).
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These people are either total idiots or just plain lying. Any serious economist will tell you our economy was already a house of cards artificially propped up by excess amounts of Federal Reserve spending & constant stock buybacks. People were calling it a gig economy for a reason, & COVID-19 was just the catalyst, it wasn't the underlying cause of why we're now seeing such a gigantic collapse.
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