Quote:
Originally Posted by IllTestYourGirls
8 years of bad Clinton policies (and policies before that) contributed to the recessions in the Bush years. This shit doesnt happen over night. It is flawed economic theory that both Bush and Clinton used.
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Yeah, the 2001 recession did happen over night... It's pretty much without question that 9/11 is the major cause of the 2001 Recession. We probably wouldn't have had a recession if 9/11 didn't happen - it would have been an economic slow down. Actually, if nothing had changed most economics predict we would have kept growing......
Clinton left us with a peak market, that had rebounded after a short fall, which was holding somewhat stable (with a few markets down) until 9/11 hit... it's a huge stretch to blame him for anything when he left us with money to pay the bills and another jack ass totally reversed everything.