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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (362844)12/14/2007 2:49:30 PM
From: Tenchusatsu  Read Replies (1) of 1576648
 
Chris, > The difference is, the Clinton/Rubin policies left the US in generally great shape, to where he handed Bush an operating surplus, a very strong dollar and an extremely mild recession - the mildest in modern history.

The recession was cut short by cuts to taxes and interest rates. In hindsight the recession was a mild one, but so was the recession that cost Bush Sr. the election of 1992.

I do agree that Greenspan is "Easy Al." But that makes me wonder whether we place too much importance on guys like Greenspan and Bernanke.

Tenchusatsu
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