• acosmichippo@lemmy.world
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    3 months ago

    the person above is an asshole but not entirely wrong. there was a good amount of deregulation under clinton, like repealing glass-steagall for example. not as bad a reagan but still not great.

    • katy ✨
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      3 months ago

      most of that was the fact that republicans came in and controlled congress

        • katy ✨
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          3 months ago

          line item veto doesn’t exist and congress had veto proof majorities…

          • acosmichippo@lemmy.world
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            3 months ago

            that’s just false. the Gramm–Leach–Bliley Act which repealed glass-steagall passed the senate with 54 votes, which is a LONG way away from being veto-proof.

            glass steagall can hardly be reduced to a “line item”. he could have vetoed the entire bill and told congress to send him something without repealing glass-steagall.