Posted on 07/14/2010 3:17:28 PM PDT by maggief
EXCERPT
Clinton, whose foundation is working on clean energy programs that would employ additional workers, and Buffett met with Obama as part of a White House push on the economy and employment. On Tuesday, Obama tapped Jacob Lew as budget director and publicly directed him to reduce the deficit. On Thursday, Obama travels to Michigan to talk job creation once more.
Gibbs said the timing of the two Wednesday meetings was coincidental, and that Buffett initiated their sit-down.
"You don't turn down an opportunity to talk to Warren Buffett," Gibbs said. Buffett has been an Obama supporter and adviser since backing him in the 2008 primaries.
The Clinton meeting was designed to "discuss new ways to create jobs in the private sector and continue to build on the success we have seen through the Recovery Act on building public-private partnerships in the clean energy sector," a White House statement said.
(Excerpt) Read more at voices.washingtonpost.com ...
you’re right. clintin doesn’t know squat. obama has no experts. They are all flying by the seat of their pants. their drive is to destroy this country...period.
The tech boom was more than just the dot coms. It was the advent of E-commerce and Y2K too. The latter was a multi-billion dollar stimulus all by itself.
The proof is that as soon as oil prices began to rise, the dot com bubble burst.
I didn't need to monitor the oil prices to know that the COBOL programmers hired for Y2K would be let go when January 1, 2000 came and went.
And I don't dispute that low oil prices will help the economy. I just don't accept that E-commerce, Y2K, or on-line news forums such as FreeRepublic wouldn't have happened without low oil prices.
Well, we weren’t talking about the tech boom in general. We were talking about the dot coms. However, even the entire tech boom was not in my opinion a bigger factor than the cheap oil. There is no question that the sector would have expanded without the oil. But to say that was driving the entire economy is another thing altogether.
We’ll have to agree to disagree, then.:)
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