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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (365650)	3/3/2003 1:52:04 PM
From: SecularBull	Read Replies (2) \| Respond to of 769670

Paper losses and gains are not "real" money until banked. In that sense, asset prices in the US were merely experiencing inflation that was caused by the Clinton smoke-and-mirrors. We're now recovering from the Clinton bubble hangover. I agree that the problem is more squarely blamed on Clinton, although I doubt that any US President is fully to blame for these excesses. The only reason I bring up the Clinton bubble is the willingness of some to attribute everything good or bad to the President, and no one else. You'd like to give Clinton credit for the "prosperity" of the 1990s, but you give the Republican Congress, which held spending down, no credit. I think that's called denial. ~SB~