To: patriotspride
Irks me when Clinton gets all this credit and nobody mentions the Contract With America, welfare reform, etc., etc. Me too. It should also be pointed out that Clinton vetoed Welfare Reform before finally agreeing to it.
The economy was due to Reagan
Bush sent us into a minor recession with his tax increase but it was over in May of 92 but the MSM hid the fact
First thing Clinton did was raise taxes but Greenspan bailed him out with a big drop in interest rates so the Reagan economy continued and the GOP taking congress in 94 kept Clinton in check
Recession was looming at the end of Clinton's second term and Bush ran on a tax cut being needed to stop it in its tracks and he got it
Bubba's forcing the banks to make those loans under Fanny Mae ( sending Reno out to threaten them )and the resulting corruption covered up by Dodd and Franks and the dems in congress caused the 2008 crisis
181 posted on
09/02/2012 8:12:31 AM PDT by
uncbob
To: uncbob
Great information. Can some very knowledgeable Freeper outline the economic status from Reagan on up? Tax hikes, tax cuts, interest rate changes, housing situation, etc.? Perhaps in a new post so all of us can forward it via emails, blogs, etc. so people can understand and thus refute the Democrats lack of facts. I’d love to see a timeline of facts.
To: uncbob
First thing Clinton did was raise taxes but Greenspan bailed him out with a big drop in interest rates
Thanks, I’d forgotten the latter part.
320 posted on
09/02/2012 7:08:15 PM PDT by
Son House
(The Economic Boom Heard Around The World => TEA Party 2012)
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