why do pugs ignore clintons 8 years of unprecedented growth, but call the end "Clintons Recession"?

Question

8 years of unprecedented growth, longest in US history, and produced the largest federal surplus in US history,...but when it ended, they blame Clinton, as if the longest stretch of growth should never end.

BJ's or no bj's...Clintons economy beats the sh*t outta bushs- to disagree with that is admitting youre a f$#king idiot

Answer 1

Because that is what it is, dumbass. Clinton fiscal policy did not end until Oct. 2001.

Raising taxes and ignoring terror is what the Cigar Jabber left.

Answer 2

The economy the first 12-18 months of any presidency is the result of the previous administration's work. Clinton came in enjoying a surging economy due to Bush I's tactics, then he left in place all of Bush's financial people - pretty unprecedented at that point. The recession during Bush II's first year was the result of to many tax hikes under the Clinton administration - which Bush II was able to turn around even in the face of the terror attacks.

FACTS:
There is more new home ownership now, than at anytime since WWII

The Unemployment Rate is lower than at anytime under Clinton's reign

Retail Sales have matched or exceeded predictions for the longest period of time since the mid80s.

Answer 3

I am a Democrat and liked Clinton, but Clinton was not responsible for that era of historic growth. I feel credit must go where credit is due. The fact is Ronald Reagan laid the foundation for that period of growth.
Reagan changed a U.S. policy that extended back to the Korean War era. The Soviet Union committed so much of their GNP on weapons and a nuclear arsenal that they didn't produce enough food to feed themselves. To feed themselves, they learned early on that they could steal lunch money from us. Every time their food stores dwindled they did a little sabre rattling or A bomb testing. Each time our response was boat loads of food.
Reagan changed that. He stopped the grain shipments to Russia and started developing new weapons. These new weapons rendered every weapon in the Soviet arsenal obsolete. The Soviet Union went bankrupt trying to keep up in this arms race.
The new weapons developed under Reagan were unveiled on the battlefield by the first President Bush during the first Gulf war. Their performance awed the nation. For the first time in 50 years, the nation felt at ease. The Soviet threat was gone, and we had the finest weapons on the planet. This serenity and rosy outlook of the future prompted the 10 years of prosperity that followed.
Then came 9/11 and our sense of security came crashing down with the World Trade Center.
Reagan proved a basic credo of the Republican Party: A strong national defense will create an environment for prosperity. Today Republicans and Democrats need to stand shoulder-to-shoulder in order to beat the new threat we are facing. Our military might is not going to conquer this new enemy alone. If we keep fighting among ourselves we are not going to get anywhere.

Answer 4

The repubs did not bring this up........95% of the economists in the country told them that.......recession always always starts about 8-12 months prior to the first effects........but I would imagine that only independents would know that.....because we seek truth, and Libs and Cons only see what they want to see.... now, you are now seeking those to admit they are Fu*cking idiots.....since March 2002, the economy has done nothing but gone up....including the lowest unemployment, biggest tax revenue in 50 years.....if it were not for WTC and 8 hurricanes.....the deficit would be in good shape, and many economists say would be better than Clinton or any President in 35 years......Then you add in the war, and tsunamis, and of course the earthquakes around the world, in which we help in....well, that comes up to over 1.7 trillion of the deficit over the last 6 years......so, when you look at all the facts.....I hate to say this, and I really do, but Bushes economic plans have succeeded, and all we can say for sure is that Clinton's put us into recession

Answer 5

First off recessions are cyclical, and we were about due for one, and it started just as Clinton was going out and Bush was coming in. Clinton did preside over a flourishing economy, largely a peacetime economy, which always annoys repuplicans who think that only war economies are good. But Clinton also let a lot of white collar criminals get away with amazingly bad stuff. As did Bush. As do most presidents.

Obviously Bush can't be blamed for the first recession in his two terms of office. Though there's plenty of other things he can be nailed with, such as allowing Congress to misspend anti-terrorist funds; he could have vetoed all that pork, but he only vetoes things for 'philosophical reasons', whatever that's worth..., and getting us into a war that not only didn't help the terrorism problem, but sent us way deep into debt.

But by and large I tend to think good and bad economic times are beyond the power of a single operator such as any current administration to change. One of the reasons for our current economic problems, the softening of the real estate market being a good indicator or trouble, is that uncounted inflation has outstripped people's salaries. People simply cannot afford million dollar houses, no matter what the mortgage... and no one is going to get the corporations to give decent raises to workers. Only the bosses get the raises.

Short of getting into limiting inflated corporate CEO salaries, which no one is going to allow in a greedocracy, I don't think there are any good solutions.

Perhaps we need a real crash to clear the way for new economic growth.

Answer 6

What's wrong? Did you just lose your factory job and you are bitter? Looking to lay some blame? If this is the case, blame the Clinton White House for NAFTA.

The only thing right now that is dragging the economy down is energy prices. If Bush would solidify a Middle East plan and STICK TO IT-energy prices might fall.

Answer 7

Did I miss something? All Gore ran on (after 8 years of Clinton) was how the economy was going to be. Read the transcripts!!!

Answer 8

You really dont get it do you. The only reason we grew was from Bush, Clinton just did nothing and took the credit. If he had done anything at all we wouldn't be arguing this point right now because neither of us would be able to own a computer.

Answer 9

Clinton was warned the last two years to do something except stain dresses, or we would go into a recession.
Clinton didn't care. He knew that he'd be out of office before His recession hit.

Answer 10

because clintons presidency was made rosy by Reagans economic policies. Change takes time and clinton reaped the benefits of Reagans policies.