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Originally posted by: LRB
Clinton benefited from much of the work breviously done by Reagan and then Bush. Clinton also was lucky enough to be in the right place at the right time. The internet boom coincided with most of the Clinton tenure. And no Al Gore did not invent the internet as much as he'd like to believe so.
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yeah yeah yeah...every good thing is the product of a past republican, everything bad is the fault of a demo. you remind me of the Miller beer ad when the guy screams "He can't see because he has blinders on!" so true, so true.
Clinton was in office for many years longer than the tech bubble, and that was a small influence on the economic expansion of the 90's. Free trade had more to do with the boom than tech IMHO.
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The internet bubble was going to burst and a market an economic correction was coming no matter what. However Clinton's actions made that burst and subsequent crash much harsher than it needed to be. Bush inherited this economy and has spent much of his 1st term attempting to undo the damage of Clinton's administration.
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And just what "Clinton actions made that...crash much harsher"??? Be sure to differentiate between Clinton and Greenspan.
Using the word "spent" to characterize GWBush's term is very appropriate, for government spending is out of control under his watch, a contributor to the improved domestic economy BTW.
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And BTW just what are you using to define a 3 month negative job growth trend?
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You are using a very short term economic swing to give accolades to GWBush, so a commensurate short term look at the employment figures seems appropriate. The short term perspective shows employment growth peaking in March and decreasing decreasingly since...that's the falacy in short term looks such as you want to do.