If Clinton did such a wonderful job on the economy as the pseudo intellectual left wants us to believe?

Question

Why after only one sector failure in 1999, (the dot com's for those who don't recall) did the economy immediately hit a down turn and was in full blown recession 3 months PRIOR to his leaving office?

Answer 1

House of cards meets a gentle zephyr.

Answer 2

the economy boom of the 90's were based on only two things. it really was a wall street economy based on raising stock market. had a lot of companies cut out health care, move to part time workers or jobs overseas to give a boost to there stocks. people were told the stock market would go on forever so invest invest invest. in stock no matter what . the second thing is the y2k scare many people (mostly the Religious Right) went out and spent extra money buying canned food, water, gas, generators, tiolet paper,and other supplies. then there were major companies spending money on updating their computers. but by the middle of 1999 most major companies had their computers up and running. when all the people stopped buying the extra supplies the economy fell.

Answer 3

Well now the Bush Jesus Juice drinkers are saying
Bush's economy is a whole heck of alot better than
Clintons...Keep drinking repugs...
BUSH NEEDS YOU TO STAY STUPID!

U.S. NATIONAL DEBT CLOCK

The Outstanding Public Debt as of 15 Jun 2006 at 04:43:52 AM GMT is:
$ 8 , 3 8 0 , 7 1 1 , 5 0 7 , 9 7 5 . 8 2

The estimated population of the United States is 298,911,402
so each citizen's share of this debt is $28,037.44.

The National Debt has continued to increase an average of
$1.74 billion per day since September 30, 2005!

---------------------------

Congress Sets New Federal Debt Limit: $9 Trillion

The federal debt has risen from $542 billion to more than $8 trillion since 1975.

Federal debt has risen from $542 billion to more than $8 trillion since 1975. Debt as a percentage of Gross Domestic Product, once at 34.7%, is now above 60%.

March 16, 2006 · Faced with a potential government shutdown, the Senate votes to raise the nation's debt limit for the fourth time in five years. The bill passed by a 52-48 vote, increasing the ceiling to $9 trillion. The bill now goes to the president.

The debt now stands at more than $8.2 trillion.

Like many cash-strapped Americans who have maxed-out credit cards, the federal government has hit its limit for borrowing funds to keep operating. If the limit isn't raised, the government likely will run out of borrowing authority within days, risking a shutdown.

When President Bush took office five years ago, the national debt was at $5.6 trillion; since then, big budget surpluses have collapsed into huge deficits, and the debt has shot up nearly 50 percent.

Few lawmakers, though, wish to be on record as authorizing more debt -- the House goes so far as to hike the limit automatically. And Senate Democrats are telling their Republican counterparts not to expect any help from them, particularly in an election year.

If any amendments are attached to the Senate's debt measure, the House would be forced to vote on raising the limit -- the last thing many lawmakers seeking re-election want to be on the record as doing.

Treasury Secretary John Snow wrote congressional leaders last week, imploring them to immediately raise the $8.2 trillion debt limit. The House has put the new limit at $9 trillion.

But rest easy, the U.S. won't default on its debt and collectors aren't going to be knocking on your door for your share. Just remember though, $9 trillion is a really big number. And that's just for this year.

Sleep well. For its only passed on to your kids and grandkids...

ALL TOGETHER NOW...

YOUR DOING A HECK OF A (BAD) JOB, BUSH!

Answer 4

I thought that the recession didn't hit until after 9-11... like a "technical recession"... I don't know how you are using recession?

But to perhaps give you an answer... that was right after Bush was named the winner... as you probably know, if the financial sector doesn't have faith in the winner of the election, the market will go down... it's funny how that was right after the election results? coincidence?

Answer 5

Ahh, the ignorant child returns with more obsessive blather about Clinton. Do you even know who is President right now? Perhaps the moronic diaper dandy would care to explain the wonderful 29% approval rating of Shrubya? Go enlist so you can support the war effort where you belong, infant.

Answer 6

Back to Clinton, are you? Get bored with Robert Byrd? So are you conservatives gonna make a run for the border in 2008 when Hillary gets elected?

Answer 7

Good, question - how quickly we forget. I am sure most will either not answer this or will use this as a platform to continue to be critical of the current President.

Answer 8

Wait until Bush's policies kick in.
You won't even be able to affor d to
sit on the internet and ask lame questions
Buttplug!