Did the stock market go to DOW 11700 during his 2nd term?Why did the the fed. have to cool the economy off following this record setting economy?
2006-12-29 15:03:40 · 4 answers · asked by Anonymous in Politics & Government ➔ Government
because the economy was popping boners too much
2006-12-29 16:54:41 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Leogirls answer was good. and you can see the other question about how long it takes for admin policy to take effect.
the Clinton years he was riding on a stimulated economy from the mid 80s, which he had nothing to do with.
Irrisponsibility led the economy in a downward spiral and it dropped hard about the time Bush was taking office.. so Bush got to inherit a bad economy which he also, had nothing to do with.
2006-12-29 15:15:09 · answer #2 · answered by sociald 7 · 2⤊ 3⤋
The feds didn't do it. It was the tech bubble burst. During Clinton's administration he saw us into a full blown recession.
2006-12-29 15:07:25 · answer #3 · answered by Anonymous · 4⤊ 4⤋
the only thing that went down was monica :}
2006-12-29 16:14:34 · answer #4 · answered by Stacy 2 · 3⤊ 1⤋