Smoke And Mirrors.

I suppose it was added regulation that resulted in record employment and decline in unemployment from 2017-2020.

Unemployment was on a downward trajectory from the 9.5% crest of the 2008 Great Recession, caused by an unregulated bundling of real estate loans, that happened during a small government/less regulation Republican administration. Anyone can lift a piece of a trend and pretend it happened in a void. The Obama recovery was strong enough to extend into the next few years after he left office.

The real estate bubble and collapse was a result of regulations passed by democrats that forced banks to give loans to people who had no business financially to get a loan. They would never have gotten a loan previously. The bundling and sale of those loans led to the collapse. And how are all those Solendra jobs doing?

I was there when President Bush made it a priority to increase first-time buyers, with less than perfect credit. He introduced a program aimed at matching down payments. I sat on the Board of Directors of the United Way in the most "Republican District," in California. The Board started a program to help low-income buyers save for a down payment. On the surface, it seemed altruistic. But, everybody made a commission. The Real Estate People made commissions, the appraiser made a commission, the loan officer made a commission. The loan company made a commission when they gave the loan and when they sold the loans to brokers who bundled them and made a commission selling the bundle. Foreclosers made a commission when the economy took a bad turn, and low-income people were the first to be laid off. Milton Friedman and other conservative economists were warning Bush about the "Real Estate Bubble," way before the bust and deep recession that followed. You can blur your eyes so that things seem different. But, you can't change history.

"The great always introduce us to facts; small men always introduce us to themselves." Ralph Waldo Emerson

And, those who wish to deceive hide their identities with noms de plume. I only cite personal experience to give context to facts and where I got them. Whoever said "Experience is the best teacher," should have added, "Listening to propaganda on right-wing talk radio is the worst!"

Assuming something about me isn't stating facts. No one's identity nor personal experience can be confirmed in meme rooms. So, "personal" experience cited as proof of expertise is useless.