05-23-2003, 12:15 PM
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Confirmed User
Industry Role:
Join Date: Mar 2002
Posts: 8,234
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Quote:
Originally posted by madthumbs
If Bush were president during the tech boom and Clinton president now, it's doubtful the economy would be very different. It'd just be the republicans yelling about how wonderful Bush did with the economy and how shitty Clinton is doing .. This is an economic cycle .. it's also a result of 9/11 .. Clinton didn't create the tech boom or have anything to do with it's impact on the economy .. He just resided over the time period in which it occured. Bush is the one who is residing over the current economy.
The economy goes nuts and gets to an unsustainable level .. the economy then must go nuts and get to an unbelievably low level, and then it will come back up to a median and stay there untill something else crazy happens and causes it to go up or down ..
President's can try and spark growth using tax cuts, policies, etc, but the extreme highs of the 90's and the extreme low's of the 00's arent direct results of our presidents .. Deal with it =/
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