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To: Stallone
Clinton claimed that Bush 1 presided over the worst economy since the Great Depression... The economy was growing at around 3.5% in 3-Q-92 and then hit a peak of over 4% in 4-Q-92. Then Clinton took the oath, passed a retroactive tax increase (which his wife dodged by dumping her Rose partnership profits before the huge jump in the top rates kicked in after Dec. 31, 1992) which stifled economic growth for about a year. Tax revenues would be flat despite the increase in tax RATES -- proving the dynamics of changes in tax rates.

It always galled me when Clinton took credit for creating all those jobs during the 1990's at his State of the Union addresses -- the president and Congress don't create any jobs in the private sector... The 1990's was a decade of unprecedented growth thanks to our dynamic free market capitalistic system. Much of the credit belongs to the high tech sector which benefitted from investor friendly policies in the 1980's and all the seeds planted in those years. The 1990's saw the blossoming of the internet, biotechnology, and other information technologies which resulted in unprecedented productivity gains which continue through today -- but Bill Clinton had almost nothing to do with any of that except:

Remember that the stock market began its crash in March 2000 -- shortly after Clinton and Tony Blair said that the companies working on the human genome project should not own the intellectual property rights to their work despite $billions of investment... THAT was the start of the bursting stock market bubble. Another contributor was Clinton's Justice Department's vendetta against Microsoft (Joel Klein's sh*t-eating grin): who was safe with people like that wanting to thrwart business independence?

And then came the recession... and the stock market scandals: all begun in the Clinton Administration and all festering into disasters as George W. Bush was taking over the presidency...

And then came 9-11-01: Just another "bridge to the 21st Century" that Clinton had built -- with a very under-prepared intelligence community and Defense Department having to step up to the biggest challenge ever handed over to a new Administration.

I hope this adds to your list. I'm only scratching the surface.
13 posted on 02/18/2004 5:06:49 PM PST by ReleaseTheHounds
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To: ReleaseTheHounds
Thanks for your input.

How did the GOP let these lying skanks get away with it?

Do your part to stop it now!

Spread the word:

The 1990-91 recession also lasted eight months, coming to an end in March 1991, when a 10-year economic expansion, the longest in U.S. history, began.

Clinton lied about the economy to get elected. Don't let the 'Rats get away with it.
15 posted on 02/18/2004 5:09:44 PM PST by Stallone (Guess who Al Qaeda wants to be President?)
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To: ReleaseTheHounds
It always galled me when Clinton took credit for creating all those jobs during the 1990's at his State of the Union addresses

Great leaders don't practice self-congratulation. Reagan used to say "it's amazing what you can accomplish when you don't care who gets the credit."

17 posted on 02/18/2004 5:12:36 PM PST by Mr. Buzzcut
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To: ReleaseTheHounds
"It always galled me when Clinton took credit for creating all those jobs during the 1990's at his State of the Union addresses."

I think this is one of things I despised most about Clinton. Unlike his Republican counterparts who gave credit to both the people...and the congress, for working together to accomplish things, Clinton always took credit for everything. I don't think I've ever heard anybody use the word "I" as much as this self-centered man.
21 posted on 02/18/2004 5:48:39 PM PST by cwb (Kerry may have saved one man but he abandoned thousands of others)
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