Originally posted by midnight Target
This is the funniest thing that contiuously spurts forth from the righty tighties. The longest economic upswing in our Nations history was in fact just a set up for this mini recession. That bastard Clinton only let the "bubble" grow for 8 years just to make himself look good. That darn economic "bubble" should never be allowed to happen again!!
C'mon MT....are you fishin?
You seriously don't believe Clinton brought on the growth in the 90's do you?
Much of the upswing was due to artificial growth...p/e's were so lopsided that companies trading at $200 on the Nasdaq, never turned a profit....hitech brought the highest rate of productivity ever seen in the US economy...cell phones and laptops alone contributed to this never before seen growth.
That's just a small part of what brought us that growth....the conditions in the late 80's are relevant as well. The business cycle was not defeated as Bill told us....I remember laughing out loud when I heard him say that.
What do you do for a living....just curious as to your knowledge base regarding this topic.
I develope and build shopping centers and office buildings....we own a bank...we're very connected to what makes the economy go or slow.
If you believe that Clinton or Bush are relevant to our economy on any scale larger than simple climate, then you are deceived.
