Overwhelmingly, respondents in the Allstate-National Journal Heartland poll said that Bill Clinton and Ronald Reagan were the best economic managers in the late 20th century. Bill takes gold by a hair:
Slick Willie was coasting on the Gipper's fumes. Hillary's husband was too busy running for re-election throughout his first term, including selling military technology to China to worry much about the economy. Little Willy, part Deux was pure legacy building.
Putting aside the fact that there was a recession in 1990 and a war in 1991, all of you Ditto Sphincts declared the era of Reagan over when Clinton got his budget passed in 1993.
Despite your liberal 'gravitas' talking points, Reagan's economic recovery lasted throughout the best efforts of three administrations to derail its effects by undoing Reagan's legislation that paved the way. Your boy, Barry Soetorro is doing his best to see to it there will never be a economic resurgence in this country ever again. That's what communism does, Lycra-spandex boy.
No economy grows without correction. The fact remains the Reagan recovery from the failed policies of Nixon and Carter is the longest sustained growth in our history. You argue and hate this fact because it puts paid to your tree-hugging communism is the wave of the future worldview.
The fact remains the Reagan recovery from the failed policies of Nixon and Carter is the longest sustained growth in our history.
It was all on borrowed money and the 1990 recession was caused because his policies bankrupted the Savings and Loan industry and nearly did the same to the banking system.
"Wasn't there also some hanky panky going on with Reagan's administration and HUD?"
I wouldn't call it 'hanky panky', but if that cutesy label pleases you, go for it.
It was "Department of HUD Grant Rigging", and those involved were identified, charged, tried, and sentenced for their involvement (btw, Reagan was not among those charged). Justice was meted out, which is more than I can say for the Obama administration, which is yet to be exposed, charged, tried and convicted of their crimes.
1.James Watt, Reagan's Secretary of the Interior was indicted on 24 felony counts and pleaded guilty to a single misdemeanor. He was sentenced to five years probation, and ordered to pay a $5000 fine.
2.Phillip D. Winn - Assistant HUD Secretary. Pleaded guilty to one count of scheming to give illegal gratuities. pardoned by President Bill Clinton, Nov., 2000
3.Thomas Demery - Assistant HUD Secretary - pleaded guilty to steering HUD subsidies to politically connected donors. Found guilty of bribery and obstruction of justice
4.Deborah Gore Dean - executive assistant to Secretary Pierce - indicted on thirteen counts, three counts of conspiracy, one count of accepting an illegal gratuity, four counts of perjury, and five counts of concealing articles. She was convicted on twelve. She appealed and prevailed on several counts but the convictions for conspiracy remained.
5.Joseph A. Strauss, (R) Special Assistant to the Secretary of HUD, convicted for accepting payments to favor Puerto Rican land developers in receiving HUD funding.
6.Silvio D. DeBartolomeis convicted of perjury and bribery.
7.Catalina Vasquez Villalpando, the Treasurer of the United States from 1989 to 1993
Pierce, the Secretary, though the "central person" in the scandal, was not charged because he made "full and public written acceptance of responsibility."