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Clinton America's economic savior... or was he???
It seems some people have this skewed notion that Clinton is solely responsible for the economic prosperity of the 90's. At the same time those same people are all to quick to get down on Bush. Look at it like this... Clinton got insanely lucky. He was president during the 90's when the internet/computer industries EXPLODED. The 90's prosperity was a fluke(I mean more by chance not so much a fluke...). It was hyper inflation, and it was only a matter of time before the market got corrected and grounded. The economy is not so much Bush's fault but more the .com craze dying down, 9/11, corporate corruption, and the market correcting itself. Thoughts?
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Sounds about right, but the thing about politics is that to the Dems it is Bush's fault no matter what, because he's a Republican and it's easy and convenient to blame him for it, make him look bad, in order to lower his approval ratings.
If the situation was reversed, and Clinton was a conservative Republican and Bush were a Liberal Democrat, then the Republicans would be saying exactly what the Democrats are saying, so they can get back into power. Politics! Backbiting and vicious attacks are awesome, I should run for office somewhere. |
First off, you're just making a bold assertion with no evidence. Personally, I blame bush for directly affecting the economy in several ways.
- When bush took office, he talked down the tech economy. http://www.senate.gov/~schumer/1-Sen...s/PR00521.html - Bush failed to intervene to help california and other states during the fake energy crisis created by Enron and others. His own appointees on FERC failed to use their authority to control outrageous gouging, costing consumers billions and ruining the life of thousands. http://www.consumerwatchdog.org/util.../pr002919.php3 - Bush failed to directly address the failings of enron and other companies, instead appointing controversial people to run the groups and committees that were supposed to be fixing corruption. This drove down consumer confidence and drove more people out of the stock market. http://www.usatoday.com/money/compan...-resigns_x.htm http://www.usatoday.com/money/compan...ignation_x.htm - Bush's tax cuts have put the economy into a $450 billion deficit. Note that this is $150 billion more than the numbers bush used to justify the tax cut in the first place. http://www.thewmurchannel.com/politi...51/detail.html And clinton? Who cares? Why do people obsess over clinton? He's gone. While Hillary may go on to greater things, he's never going to be in public office again. |
What he said ^
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well said, you certainly provided a lot of proof of your arguements.
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