To: oceanview
Well, I'm not going to argue with the "whatever the dems do is wrong regardless of the facts crowd" but look at the GNP growth and productivity gains of the 90s' look at your PC, the internet, under the hood of your car, at your cell phone etc . There were excesses in the 90's sure (Enron and Worldcom for example) but in many fundamental ways the US economy was tranformed for the information age. Microsoft isn't a fiction or some democrat generated myth. But believe what you want and I won't bug you with facts anymore.
To: Pitchfork
again, everything fed off the bubble. GNP growth, tax revenues to government surged to close the deficit (just look at California to see this effect, they couldn't spend the money fast enough, then it stopped coming in and they are near bankruptcy), your 401K, etc. the bubble gaveth, especially for those who cashed in, and the bubble taketh away.
were there some solid companies created? sure, Microsoft, Cisco, etc. but the "real economy" that was left behind after the bubble (and 9/11) has many scars.
To: Pitchfork
And Al Gore went after Microsoft, and almost crashed it, with Fed agents, because Microsoft's rivals were his donors and told him to.
Giving credit to Clintons and/or the Dems, for a good economy, is the height of stupidity!
PCs were around in the early '80s!
You'd really better stop talking about things you know NOTHING about and stop digging that hole, you're in, any deeper. Unless you REALLY want to keep proving how little you know and understand.
To: Pitchfork
...look at your PC, the internet, under the hood of your car, at your cell phone etc .OK, I'm looking at all this cool technology around me. I don't see where it says, "Invented by a Democrat" (unless you're talking about the Gore Tax on my phone bill).
32 posted on
01/30/2004 10:47:48 PM PST by
randog
(Everything works great 'til the current flows.)
To: Pitchfork
Well, I'm not going to argue with the "whatever the dems do is wrong regardless of the facts crowd" but look at the GNP growth and productivity gains of the 90s' look at your PC, the internet, under the hood of your car, at your cell phone etc . There were excesses in the 90's sure (Enron and Worldcom for example) but in many fundamental ways the US economy was tranformed for the information age. Microsoft isn't a fiction or some democrat generated myth. But believe what you want and I won't bug you with facts anymore. What you say is absolutely correct, but it (in conjunction with your puzzlement about why your 401K went nips up, and your tendency to blame that on political causes) tends to reveal that you don't understand investment bubbles. They typically occur in conjunction with tranformative economic circumstances. The railroads transformed the United States too, and created huge value and productivity gains, but it was also associated with a bubble and a collapse in investments.
88 posted on
01/31/2004 4:35:02 AM PST by
Stultis
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