Quote:
Originally posted by NBDesign
You are kidding right? What the fuck has bush done for our economy except put it into recession, almost depression?
Let's get real here.
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This is the way I see it.
Around the mid 90's people started buying their first computers, software, and peripherals. People started hooking up to the internet and buying stuff online for the first time. People started replacing their vcrs with dvd players. So forth and so on. The economy of the 90s did very well because of technological advancement not politicians waving their magic economy wands.
The world was changing. But it didn't change as much as some thought it would. The stock market got way overvalued. The economy never had any reason to do as well as it was. It wasn't all real. The bubble began to burst before Clinton left office. I don't blame Clinton for the bubble bursting. I also don't give him credit for creating the bubble.
It is myopic to judge a president by the economy during a short slice of time. Sure the simple minded masses do it when deciding who to vote for. Historians don't judge the success of a presidency by the price of pets.com.