[JewishRighter]

I can't quite agree with you. I remember distinctly that media coverage of markets and the economy during the Clinton years was celebratory, optomistic and even giddy. Talk of a market bubble was generally scarce and quickly dismissed.

[massgopguy]

You don't hear any analysts talking about a 20% "correction" on the horizon like you did in 1999.

[USFRIENDINVICTORIA]

Yeah, I remember the constant cheer-leading on CNBC. However, even while talking the market up, they would put on enough shorts to provide "balance" -- even though the shorts were usually nothing more than fresh meat for the rabid bulls to gore. It was supposed to be "the end of the business cycle" thanks to the Internet. (There's some truth to that, because of vastly improved supply-chain and inventory management -- but, in retrospect, it was mostly hype.)

Clinton gets credit for a strong economy -- even though he should be blasted for presiding over a bubble. Bush will never get the credit he deserves for preventing a serious depression after the bubble was burst, to say nothing of containing the damage to the economy after 9/11. The U.S. (and the rest of the world) is fortunate that the U.S. economy didn't go the way of the Japanese economy after the collapse of their real estate bubble a decade earlier. I "blame" Bush.