I'll presume the meaning was lost in translation.
There was no pinpoint-accurate logic. There was only an unsubstantiated and inaccurate allegation with poor follow-up. The root of this financial crisis lay in the 1990's with both parties to blame. Congress wanted to encourage people to seek the "American dream" of owning a home. Evidently congress thought it best to decide what that actually means. This encouraged a cycle of high risk borrowing which ultimately ended in collapse.
Desperate? Hardly. If your style is one of lacking substance than an “attack” is warranted.
I don’t know his intent but it seemed a desperate attempt to pin blame on a dead man from a different era.
That is called Keynesian economics, not Reaganomics.
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