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deiznof | 5 years ago

>He then shows data that the anti discrimination legislation increased black default rates and questions whether you encouraging minorities to declare bankruptcy and enter financial ruin is really something to be desired.

Sowell talked about the CRA and was proven wrong by multiple studies, like this one, which has a section dedicated to how the CRA wasn't a problem: https://www.responsiblelending.org/mortgage-lending/research...

Stop the Sowell worship. Please, internet, for the love of god. He will always talk about how everything that democrats do is bad and everything conservatives do is good. He isn't right on everything all the time.

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vadansky|5 years ago

This seems more to say that the 2008 housing crisis was not caused by the CRA, which no one said it did.

deiznof|5 years ago

It's actually an extremely common argument that conservatives make to this day. Thomas Sowell blamed the CRA himself, so I'm not sure what your point is.

_fq4v|5 years ago

> Stop the Sowell worship. Please, internet, for the love of god. He will always talk about how everything that democrats do is bad and everything conservatives do is good. He isn't right on everything all the time.

Stop the bad-faith discussion. I never 'worshipped' Sowell. The commenter above claimed that Sowell has not grappled with various studies that show various racial disparities. I've read his works, and Sowell indeed does directly confront these studies, so to say he is ignoring evidence is wrong.

Whether or not Sowell is right is not really up for discussion. What was being discussed is whether Sowell acknowledges studies on topics he is interested in. Indeed he does, and he finds issues in many studies as well as other studies that have remained mostly unacknowledged by academia.

> He isn't right on everything all the time.

This is a ridiculous standard to judge anyone by. No one is right all the time. Stop changing the goalposts.