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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Katelew who wrote (218211)2/13/2007 3:38:13 PM
From: mistermj  Read Replies (2) | Respond to of 281500
 
Does it show the transfer of wealth from middle America's retirement savings to his dot com cronies at the end of his term?

Didn't think so.

Most of the go go 90's went...Pffffffttttttt down the tubes as unsustainable.

We need sustainable economies, not bubbles.

The Worst market crash since Hoover was under Clinton.




To: Katelew who wrote (218211)2/13/2007 5:21:08 PM
From: Ilaine  Respond to of 281500
 
Considering that Clinton came in at the tail end of the worst economic recession in recent years, he had no place to go but up!

That recession was triggered mostly by the collapse of the Savings and Loan Associations, which was triggered in large part by Congress getting rid of tax breaks for real estate investments.

But you probably don't think looking at root causes like interest rates and changes in the tax code is nearly as much fun as saying "my president is better than yours, nya-nya-nya."