That is such crap. The stock market was in free- fall before he did much of anything; his tax cut policy did not gut federal revenues, certainly not at the time of the crash; he threw a couple of sops to a couple of interest groups with allegations of dumping against trading partners, but generally maintained the commitment to free trade; the Pentagon was in a process of assessment, and had made no important decisions, when we were attacked. In any event, we have continued with a regional focus, including in the development of missile defenses, which are not, in fact, premised on the Soviet Union as the chief threat.
Everyone with half a brain knew there was going to be a terrible bursting of the high tech bubble, as companies with no business plans or profit were quintupling values after their IPOs within weeks. Clinton helped to defer the inevitable, and make it worse, through cheerleading and cheap money....... |
