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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (114705)	10/5/2011 1:19:27 PM
From: Jorj X Mckie	5 Recommendations Read Replies (3) \| Respond to of 224748

Its both. Bad timing is bad luck (although the bad timing had little to do with following Bush, and more to do with economic cycles, and housing booms and busts). In our culture of blame, I'm not sure that anyone wants to hear this. The dotcom boom was going to happen in the 90s regardless of Clinton being in the office or not. He may have changed the amplitude of the cycle with his policies, but even then, congress probably had more to do with it than he did. And the crash was going to happen too. It may have been brought on sooner or later depending on policies, but it was going to happen. And Bush inherited the inevitable mess. And the housing boom was likely going to happen as well. And government policies probably made the boom bigger with the easy money policies, therefore making the crash more damaging when it happened. But again, it was going to happen whether Bush was in office or if John Kerry or some other democrat or republican was in office. We give far too much credit...and blame, to presidents for short term economic cyclical activities.