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To: James Hutton who wrote (177714)1/18/2009 12:32:00 PM
From: Lizzie TudorRead Replies (3) | Respond to of 306849
 
you must be kidding the productivity miracle was real. Huge companies were created during Clintons term that validate this. Clinton presided over a classic boom, that eventually overshot like all booms do.

I think people forgot what the business climate was in 1990. People were scared to death of the asian tigers. There was no leadership in US business really. Now that has all changed and it didn't change under Bush.



To: James Hutton who wrote (177714)1/18/2009 2:00:00 PM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
James, we are talking *banks* leveraging 35-1.

name one time the biggest banks in america leveraged 35-1 on this scale *before* clinton's policies turned dotcom money losers into $100 millionaires?

it seems as though you don't think it is reasonable to ascribe the events of one's presidential policies to to the president.

that view would surely make the likes of bush feel much better about themselves.

derivatives hit over $500 trillion in 2007...

$500,000,000,000,000

*after* the clinton administration made $100 millionaires of people who could never turn a profit.

not before.

but hey, clinton was one likeable pathological liar, so in can see your infatuation with him.

i just don't share it.



To: James Hutton who wrote (177714)1/18/2009 2:26:21 PM
From: Mike M2Read Replies (2) | Respond to of 306849
 
James Grant on the impact of hedonic pricing on productivity countdownnet.info blog.adamnash.com