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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (177712)	11/6/2003 10:23:57 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1575427

RE:"How, specifically, did he "start the bubble"? Was it the evil part about balancing the budget? Cutting military spending? Slowing the growth of government? Getting BJ's?" Funny you should ask that. Since Clinton and Gore ran around for years claiming they were the catalyst behind the stock market run up I figured it was true. <G> <not> In reality I don't think they were. Likely as much the serendipity of when he was in office. Coming out of recession. The rise of the internet and the year 2000 build out. OTOH, leave it to the politicos to take the credit. As for tax cuts...I'm for simplification and pork cutting. As for Bush, he's not doing everything right in my book. Basically pussyfooting around on a lot of stuff. He's actually acting a lot like Gore said he would, nation building, trashing the immigration laws, spending like a drunkin' sailor...

To: Road Walker who wrote (177712)	11/6/2003 10:32:27 PM
From: i-node	Read Replies (1) \| Respond to of 1575427

How, specifically, did he "start the bubble"? I'll take a shot at this. You have to go back to 1991. When the economy was doing fairly well, coming back from a tough, but short, recession, the Clinton Liars in Chief (Begala & Carville) found out it was the "economy, stupid". Basically, they found that if you got on the news, long enough, loudly enough, and frequently enough, saying, "it's the worst economy in 50 years", then people would soon start to believe it -- even though there wasn't the slightest evidence to support the claim. ("Evruthang that OOGHT too BEE UP is DOWN, and Evruthang that OOGHT too BEE DOWN is UP"). Then, a few years later, things aren't looking so hot for the libs (politically, you know). So, the Clinton Liars in Chief thought, "Well, hell, it worked once, it'd probly work again". So, they start telling the American people, "We've got the biggest, and the best economic expansion in history. FOREVER. No lie. We've just created a great economic situation." Nevermind they didn't DO anything to create it. What is important is that most people THINK they created it. (Gore did create the Internet, which was part of it). Soooo, about the time Clinton is leaving office, the Liars in Chief crank up again. "Oh, the VERY DAY our guy left, the recession started. And, man, oh man, it is a bad one. It is a BUSH recession". Uh oh. It worked a little. But not well enough to offset the good done by some great fiscal policy at the Fed and by the new president's tax cuts. What now? The American people have been hoodwinked by the libs once too often, I think.