Look at Clinton’s term. What did he do to make the economy hum? He spent the Reagan/Bush I peace dividend. Started the RE bubble with his interference in RE markets and policy allowing up to $250K or $500K for marrieds to be tax free on the sale of RE every two years. Then got reigned in by GOP Congress and Newt Gingrich.
That’s the truth. The study is meant to deceive, just like the headline. Bumper sticker politics for the LIVs.
Nixon ended the Vietnam War and opened trade with China, but Carter squandered the peace dividend and got hit with the oil embargo. Then Carter turned his attention towards Iran and gave us Khomeini.
-PJ
No one ever mentions that the dot com crash occurred at the end of Clinton’s term, and that Bush inherited it. I don’t BLAME it on Clinton, but there is no reason to blame the real estate collapse on Bush, either, yet Dems and the press DO blame him. NO policy passed during the Bush admin had anything to do with the real estate crash.