To: PhiKapMom
The fact is that this was a good old fashioned bubble at a time when the business cycle had been declared dead. Clinton certainly deserves no credit for the "boom" which was largely the result of easy credit at the hands of Greenspam. The resulting bust is a consequence of the boom. I am not sure any President deserves any credit or blame for any of it.
To: AndyJackson
Think that the Clinton Administration taking all this credit is ludicrous as well as the DemocRAT claims that the recession is the result of Bush tax cuts. Neither case can be made.
Our economy for years has gone in cycles and I don't see that changing anytime soon.
68 posted on
03/09/2003 9:38:31 AM PST by
PhiKapMom
(Get the US out of the UN and the UN out of the US)
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