Clinton or Bush??Which economy do you like?

Question

Remember Enron, I believe that the only thing that kept Clinton out of jail was the lies about the economy? We went bankrupth and the auditors lied about it, hyped the shares and sold them to employees. Now was that a good thing or not?

Answer 1

I prefer it under Bush , Clinton brought us the dot com bust , try blaming it on Bush but it was over by july 2000 months before the election . Seems to me slick willy was a supply side snake oil salesman too .

Answer 2

I think the more appropriate question is do you remember Enron? All of the employees from Enron were cheated out of all of their stocks, their jobs, and their livelihood. They did not have a chance to sell them before the stock went worthless. If you are pointing to Enron as the reason that the Clinton years were successful, then I humbly suggest you read a history book. Have you ever heard of the dot com rage? Clinton and Bush are both beneficiaries of the business cycle. The economy runs in cycles, that is how it works. For the most part Clinton was in the right place at the right time. As far as Clinton staying out of jail, I mean really...was he ever close? NO! The closest he ever came to trouble was impeachment...which is punished by being thrown out of office...not into jail. Weather or not the economy is running well or not has nothing to do with whether or not the president broke a crime. I suggest that you double check your facts...

Answer 3

This is a no brainer. People have mentioned that the budget had a surplus when Clinton was in office and compared it to now, but that's only one piece of the puzzle (correct, of course). Here's the thing: In Clinton's time, he created a surplus, and even though taxes were raised (TWICE, I believe), job growth, the personal rate of savings, and the GDP were still good. Inflation was up a little more, but this didn't really mean a lot, because people were actually seeing their money.
On Bush...yeah, people point to some statistics and say this or that, but the truth is this: The savings rate is down from 2% to -.7. Basically, most were already living hand to mouth, and now even more are...more than ever in the history of this so-called "great nation". I'm sick of hearing the Dubya rhetoric about job growth, and people repeating the same BS they heard on CNN without merit. Yeah, job growth has occured, and the numbers don't really show the truth. More than 6 months out of a job certainly isn't growth, and you can't count people out of the labor market because it sucks so bad that you decide to discount those people who are still unemployed after 1 year or more. Utter garbage. Furthermore, when you adjust wages from this so-called "growth", for INFLATION, wages have actually FALLEN, people. Once again...not seeing the money. He has the biggest deficit since 1983. How's that for a record breaker? I'd love to be known for that if I were president...(but then of course, I'd be assissinated the day after being elected). Face it: the tax cuts were bogus. They helped very few, and didn't do enough - they contribute to this debt as well. Yeah, that's right...give the richest 1% out there a tax cut on their inheritances and capital gains. Gee...you're so smart Mr. President. Never has there been such inequality and disparity in wealth in America.

Clinton had a job increase of about 22 mil in 8 years. Bush can't say the same. At least Clinton has a brain...Bush has chosen the LEAST efficient ways of helping the economy...and as we can clearly see: they haven't. All this, while Congress opted NOT to vote down their increase in salaries. *Shakes head*.

Answer 4

Duh....Clinton left office with a budget surplus.
Bush just announced yesterday that we suffered a $33 billion additional deficit in July! Our total budget deficit for the year is projected to be upwards of a quarter-trillion dollars!
Bush has put American taxpayers TRILLIONS of dollars in debt, spending $1 million a day for the next 3,487 years. That's $1.27 trillion dollars on his war follies! This is debt that future generations will still be paying off, all because George Bush had a personal vendetta against Saddam Hussein and Dick Cheney wanted all that OIL swimming underneath Iraq's sands.
All Clinton did was lie to Congress (as if those cretins don't lie to each other every hour of every day), and have a dalliance with a White House intern. Bush, on the other hand, has single-handedly guaranteed that this country will be in a severe economic recession shortly after he leaves office.
Enron was a private business scandal. Just because George Bush was a best friend of Ken Lay doesn't necessarily mean Bush can be implicated in Lay's evil deeds.
All said and done, I much preferred Clinton's economy. -RKO-

Answer 5

You really have to look at the circumstance. Clinton did wonderfully for the economy...and in my opinion, so did Bush. We cannot afford to forget that 9/11 was not only an attack on the World Trade Centers, but an attack on the U.S. economy as well. In light of this fact, one could reasonably conclude that Bush has done very well by providing a healthy stimulation for growth and stability while lowering the unemployment rate.

Answer 6

A) that isn't a query. B) The national overview Article is over 4 years previous, and in basic terms seems at 2 years in each and each administration. C) The Democrats are no longer the ruling occasion. there isn't any such component as a "ruling" occasion! They only have a majority interior the living house, have not got sufficient votes interior the Senate to do numerous something and we've a Republican President with veto capability, and dems have not got sufficient votes to override. D)your assertion "the financial gadget finally felt the outcomes of having an financial gadget without economic duty" make no sense in besides E) we are at the instant headed for the worst recession by way of fact the melancholy due in maximum cases to Republican deregulation regulations and economic irresponsibility. F) If i want a query responded approximately economics or politics, I actual does not ask you after analyzing your drivel.

Answer 7

It's interesting that an answer to this question above stated that Clinton's economy was feeble and callapsed after he left office...that is rediculous because the period after "he left office" would be described as the PERIOD THAT BUSH WAS IN OFFICE..talk about spinning the facts..it was about 6 months after Bush got into office that things started to slip. He had a different approach to the economy. Democrats and republican have comletely different views on the "trickle down" theory. If it wasn't for the obscene debt the ruling party has accumulated, I would have just said it was "natural fluxuation"...just like many of you Republican term "global warming".

Answer 8

All I know is I had a good paying job, it didn't cost a days pay to fill the gas tank every week and our Armed Service Men & Women were protecting our country and not some wacky middle east country and all this happened before George W Bush somehow got elected president! Anyone that says life is good now, needs their head examined!!!

Answer 9

Clintons economy look great on paper but it collapsed right after he left office. Bush has done great with the economy, unemployment is low, and things that we have control over are good, but still not perfect. id have to go with bush

Answer 10

with clinton we had a huge surplus. now we have a huge deficit.

clinton came in with a plan and fixed the problems he inherited. bush makes the problems worse - but to his credit, he wasn't trying to help. he's here to steal all our money and he's doing a really good job.

also, the unemployment rate is "low" because they don't count people unemployed more than 6 months, nor do they count many other categories of non-working people. everyone i know is hurting and/or scared.