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.
The problem is government itself. Like the accounting scandals of the early part of this decade and the banking crisis today, deregulation eased restrictions so much that S&L owners could lend themselves money.
True power rests with congress, not the occupant of the White House at any given moment. Who owned congress in the 80'? The Republicans are not blameless in the ensuing Clinton years or in curbing Bush's excess in the 2000's
The problem is government itself. Like the accounting scandals of the early part of this decade and the banking crisis today, deregulation eased restrictions so much that S&L owners could lend themselves money.
Ummm - that isn't a problem with government itself.
Yes, Eric Sevareid, it is. When government starts deregulating something, its because it plans to loot. You as a supposed concerned citizen who looks past party loyalty to the good of the nation (ha ha) let this and accounting regulations be lessened. Because your own party was in power. That's all that matters to you, war, douche-bag Mike and Skippy. And the government knows that as long as they have drones who put party above country they can rob, loot and enslave the nation. You and your friends will stand by shouting 'change we can believe in!'