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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TopCat who wrote (8653)5/17/2006 9:25:16 PM
From: American Spirit  Read Replies (1) | Respond to of 71588
 
Clinton's economy was near perfect and should have left alone. The recession at the end of CLinton's term was just a correction of the dot-com telco stocks. Plus Greenspan hiked interest rates too much.

Greenspan by the way gave Bush a very unnecessary gift with his 1% interest rates. No way they needed to go that low. But now Bush takes credit for the real estate boom the 1% rates created.

The real Bush ecomomy has to do with deficit spending of trillions of dollars, including the war. War always juices an ecomomy. But you pay for it later. We are still paying for Vietnam.