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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Borzou Daragahi who wrote (24573)12/26/1998 8:38:00 PM
From: Les H  Read Replies (1) of 67261
 
The approval ratings have little to do with job performance, but with the economy. Just as with Nixon and all the other scandals, the public realizes the country will not fall apart if the politicians are preoccupied. Impeachment is only a big deal to politicians who want to leave a 'legacy'. In the case of Clinton, he has the legacy of numerous financial and administrative scandals. The economy will hum along as long as the service economy can get along with depressed manufacturing and agricultural sectors. The major risk this year was the bubble in the financial sector and the credit crunch which Greenspan has stemmed for now.
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