>>>socialist near-full employment? create artificial jobs for everybody?
Why would companies do that? How was growth in the 90's anti-capitalist? Federal government payrolls actually declined during much of that period.
Year Annual Average
1995 2949
1996 2877
1997 2806
1998 2772
1999 2769
2000 2865
2001 2764
2002 2766
2003 2761
2004 2728
2005 2731(August)
Yes the tech bubble did pop? Today's economy may (I stress that it may be, not that it is) be supported by a housing bubble. If it were to pop, would that delegitamize any gains that President Bush has had?
I was not talking about federal government jobs, I was talking about companies. Why would thay do that, because they could. I worked in a private company where there were dozens of people not doing anything. I exactly wondered why my company is keeping them. Clinton's bubble is a fact, Bush's bubble is a conjecture. Cannot compare fant with conjecture. All about if's and an's. Let's wait and see. In the meantime, Katrina and Rita adjusted for, the economy is marching on. Bush has got a lot to do about reducing government spending (although, he's not the only spender, Congress is doing a pretty good job throwing money about) and illegal immigration, but I would not want to go back to Clinton's taxes, where the more I worked the less I got.