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Many Democrats, including Obama blame Clinton's deregulation of the banks for economic problems.
Many Democrats, including Obama blame outsourcing, something that Clinton policies sped up.
Many Democrats, including Obama blame a growing trade deficit, something that Clinton policies sped up.
Many Democrats blame the housing bubble, that formed in part to policies under Clinton.
Many Democrats blame China into the WTO, thanks Clinton!
etc...
They can, but outsourcing has been happening for decades. My employer has done it on occasion, with presidents from both parties. We do NOT care about which party is in power. If its cheaper to outsource, we'll do it. If not, we won't.
I want our products, both my employer's and the stuff I buy personally, to be sourced in the most efficient way, no matter what part of the globe supplies it.
I know Hillary dismisses these nearly 2 dozen women who have come forward over a time range of 4 decades as bimbos.
I agree with what Democrat McCaskill said. She said that she wouldn't leave her daughter alone with Clinton for obvious reasons.
1 woman accusing you of rape, sexual assault, or harassment might be a mistake or frame job by the woman...when you are talking, not 1, not 2, not 3, not 4, not 5, not 6, not 7, etc... and women coming forward in the 1960s, 1970s, 1980s, 1990s... Women who came forward BEFORE he was famous. Women known to be life-long Democrats. Women who helped him campaign. Where there is smoke there is fire.
At some point it is extremely naive and detrimental to society to insist all of these women are just bimbos. Where is your point - 3 dozen women?
Answer me this - has Bill Clinton been convicted of rape, yes or no?
In all honesty, we have had pretty poor presidents the past 25 years. Perhaps Bill Clinton is the best of the worst? There are only 4 presidents the past 25 years.
Yes Bill Clinton's presidency had the booming growth of the internet and the Baby Boomers in their peak spending years, both of which helped spur the economy. However, both of these would have happened no matter who was in office.
Let's look at Clinton's actions and record with the economy.
1) Granting permanent most favored nation status to China for trade. The result has been increased trade deficit and increased outsourcing. Clinton viciously attacked anyone who claimed what did happen would happen. Even some liberals are now recognizing this damage.
2) The GOP congress and Clinton deregulated by repealing Glass-Stegall. Clinton was "proud" to sign this bill into law, had vocalized years before that he would support the action, and encouraged Democrats to vote for it. Obama has blamed this for the current mess we are in.
3) Enacting NAFTA with bipartisan support. Many people feel as if this hurt the economy and made many Mexican farmers unemployed, some of which moved here.
4) The Housing Bubble started in 1998. Policies in the 1990s allowed this to happen. Bush can be blamed for allowing it to grow bigger and not cleaning it up (it still isn't cleaned up), but it was born in the Clinton presidency.
5) The NASDAQ Dot Com Bubble burst right before he left office. This index still hasn't recovered to its high. The government encouraged this bubble under Clinton's leadership.
6) The Bush Sr. recession ended before he took office and he left a recession for the next president that started 6 weeks into GWB's term.
7) There was no surplus that was passed to the next president, this myth was a rosy projection that assumed absurdly large growth, no NASDAQ bubble, and no housing bubble.
8) Every Fiscal Year under Clinton saw a rise in the national debt, the "surplus" was from spending several government program money now.
Bill Clinton's presidency contributed to today's economic woes.
You left out giving nuclear technology to North Korea for "peaceful purposes", and missile targeting technology to China so their MIRVed missles can home in more accurately on American Cities. He makes Benedict Arnold look like a patriot.
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Quote:
Originally Posted by michiganmoon
In all honesty, we have had pretty poor presidents the past 25 years. Perhaps Bill Clinton is the best of the worst? There are only 4 presidents the past 25 years.
Yes Bill Clinton's presidency had the booming growth of the internet and the Baby Boomers in their peak spending years, both of which helped spur the economy. However, both of these would have happened no matter who was in office.
Let's look at Clinton's actions and record with the economy.
1) Granting permanent most favored nation status to China for trade. The result has been increased trade deficit and increased outsourcing. Clinton viciously attacked anyone who claimed what did happen would happen. Even some liberals are now recognizing this damage.
That status didnt happen until a Bill, sponsored by a Republican from Texas, made it official.
Quote:
2) The GOP congress and Clinton deregulated by repealing Glass-Stegall. Clinton was "proud" to sign this bill into law, had vocalized years before that he would support the action, and encouraged Democrats to vote for it. Obama has blamed this for the current mess we are in.
At least you said GOP congress.
Quote:
3) Enacting NAFTA with bipartisan support. Many people feel as if this hurt the economy and made many Mexican farmers unemployed, some of which moved here.
George H.W. Bush signed NAFTA, not Clinton.
Quote:
4) The Housing Bubble started in 1998. Policies in the 1990s allowed this to happen. Bush can be blamed for allowing it to grow bigger and not cleaning it up (it still isn't cleaned up), but it was born in the Clinton presidency.
It wasnt born in the Clinton Presidency at all. President Bush, allowed Banks to borrow money and make loans to degrees those banks knew they couldnt sustain. You could indeed argue that Clinton made it possible for Bush to do what he did, but thats like saying making marijuana legal makes people start smoking.
Quote:
5) The NASDAQ Dot Com Bubble burst right before he left office. This index still hasn't recovered to its high. The government encouraged this bubble under Clinton's leadership.
Oh, that bubble burst long before Clinton left office and eneded before he left office as well
Quote:
6) The Bush Sr. recession ended before he took office and he left a recession for the next president that started 6 weeks into GWB's term.
You are talking about a recession that is so shallow that economist are still debating about whether or not it actually was a recession.
Quote:
7) There was no surplus that was passed to the next president, this myth was a rosy projection that assumed absurdly large growth, no NASDAQ bubble, and no housing bubble.
It wasnt a projection, we indeed had a budget surplus for 4 years. The problem is that a budget surplus is not the same as a monetary surplus and most dont understand that, including you it seems.
Quote:
8) Every Fiscal Year under Clinton saw a rise in the national debt, the "surplus" was from spending several government program money now.
No, the surplus was from proportionally spending less than we had predicted.
Answer me this - has Bill Clinton been convicted of rape, yes or no?
No, he has not been. But things have happened to him. He has been removed from a University for rape.
I answered your question, now answer my question that you dodged.
1 woman accusing you of rape, sexual assault, or harassment might be a mistake or frame job by the woman...when you are talking, not 1 woman, not 2 women, not 3 women, not 4 women, not 5 women, not 6 women, not 7 women, etc... and women coming forward in the 1960s, 1970s, 1980s, 1990s... Women who came forward BEFORE he was famous. Women known to be life-long Democrats. Women who helped him campaign. Where there is smoke there is fire.
At some point it is extremely naive and detrimental to society to insist all of these women are just bimbos. Where is your point, where you admit he has a problem? 3 dozen women?
In all honesty, we have had pretty poor presidents the past 25 years. Perhaps Bill Clinton is the best of the worst? There are only 4 presidents the past 25 years.
Yes Bill Clinton's presidency had the booming growth of the internet and the Baby Boomers in their peak spending years, both of which helped spur the economy. However, both of these would have happened no matter who was in office.
Let's look at Clinton's actions and record with the economy.
1) Granting permanent most favored nation status to China for trade. The result has been increased trade deficit and increased outsourcing. Clinton viciously attacked anyone who claimed what did happen would happen. Even some liberals are now recognizing this damage.
2) The GOP congress and Clinton deregulated by repealing Glass-Stegall. Clinton was "proud" to sign this bill into law, had vocalized years before that he would support the action, and encouraged Democrats to vote for it. Obama has blamed this for the current mess we are in.
3) Enacting NAFTA with bipartisan support. Many people feel as if this hurt the economy and made many Mexican farmers unemployed, some of which moved here.
4) The Housing Bubble started in 1998. Policies in the 1990s allowed this to happen. Bush can be blamed for allowing it to grow bigger and not cleaning it up (it still isn't cleaned up), but it was born in the Clinton presidency.
5) The NASDAQ Dot Com Bubble burst right before he left office. This index still hasn't recovered to its high. The government encouraged this bubble under Clinton's leadership.
6) The Bush Sr. recession ended before he took office and he left a recession for the next president that started 6 weeks into GWB's term.
7) There was no surplus that was passed to the next president, this myth was a rosy projection that assumed absurdly large growth, no NASDAQ bubble, and no housing bubble.
8) Every Fiscal Year under Clinton saw a rise in the national debt, the "surplus" was from spending several government program money now.
Bill Clinton's presidency contributed to today's economic woes.
Quote:
Originally Posted by dsjj251
That status didnt happen until a Bill, sponsored by a Republican from Texas, made it official.
At least you said GOP congress.
George H.W. Bush signed NAFTA, not Clinton.
It wasnt born in the Clinton Presidency at all. President Bush, allowed Banks to borrow money and make loans to degrees those banks knew they couldnt sustain. You could indeed argue that Clinton made it possible for Bush to do what he did, but thats like saying making marijuana legal makes people start smoking.
Oh, that bubble burst long before Clinton left office and eneded before he left office as well
You are talking about a recession that is so shallow that economist are still debating about whether or not it actually was a recession.
It wasnt a projection, we indeed had a budget surplus for 4 years. The problem is that a budget surplus is not the same as a monetary surplus and most dont understand that, including you it seems.
No, the surplus was from proportionally spending less than we had predicted.
We've been over this before, and you keep posting lies that I have already proven as lies. Obamabots care not for the truth.
I'll just add some detail to shake out your deceptions, diversions, and lies.
In all honesty, we have had pretty poor presidents the past 25 years. Perhaps Bill Clinton is the best of the worst? There are only 4 presidents the past 25 years.
Yes Bill Clinton's presidency had the booming growth of the internet and the Baby Boomers in their peak spending years, both of which helped spur the economy. However, both of these would have happened no matter who was in office.
Let's look at Clinton's actions and record with the economy.
1) Granting permanent most favored nation status to China for trade. The result has been increased trade deficit and increased outsourcing. Clinton viciously attacked anyone who claimed what did happen would happen. Even some liberals are now recognizing this damage. Clinton pushed for this and attacked the Democrats and Republicans opposing this as in line with the hard line Chinese Army.
Clinton was a primary catalyst for this happening and he signed it into law. Both parties deserve blame, but Clinton was the president that attacked others for opposing...it is his presidential legacy.
2) The GOP congress and Clinton deregulated by repealing Glass-Stegall. Clinton was "proud" to sign this bill into law, had vocalized years before that he would support the action, and encouraged Democrats to vote for it. Obama has blamed this for the current mess we are in.
3) Enacting NAFTA with bipartisan support. Many people feel as if this hurt the economy and made many Mexican farmers unemployed, some of which moved here.
Bush signed NAFTA, but it wasn't finalized and didn't actually become law.....until.....
What is this here? Oh why, it is Clinton campaigning for president in support of NAFTA! Ross Perot opposed NAFTA.
4) The Housing Bubble started in 1998. Policies in the 1990s allowed this to happen. Bush can be blamed for allowing it to grow bigger and not cleaning it up (it still isn't cleaned up), but it was born in the Clinton presidency.
Here a government publication argues there are two main theories for when it started, late 1990s under Clinton or 2002 early under Bush as a result of the technology bubble under Clinton. http://www.bls.gov/opub/mlr/2010/12/art1full.pdf
5) The NASDAQ Dot Com Bubble, aka the technology bubble, it burst right before he left office. This index still hasn't recovered to its high. The government encouraged this bubble under Clinton's leadership.
In March 10, 2000, under Clinton the NASDAQ hit its all time high of over 5,400. It has never regained its peak. It is currently at 3,760 today. It is a lie to keep insisting that it has recovered, especially recovered under Clinton, as it continued to fall under Bush's first year in office.
6) The Bush Sr. recession ended before he took office and he left a recession for the next president that started 6 weeks into GWB's term. This recession clearly existed, it may have been a small one, but it existed. We had declining industrial investment and many leading indicators were down in the summer of 2000 (under Clinton).
7) There was no surplus that was passed to the next president, this myth was a rosy projection that assumed absurdly large growth, no NASDAQ bubble, and no housing bubble. The last Fiscal Year that Clinton had, added 133 Billion to the national debt, and this would naturally get worse as you add in the fall out from the NASDAQ Bubble and recession gift wrapped for GWB to inherit.
Let's look at Clinton's actions and record with the economy.
1) Granting permanent most favored nation status to China for trade. Excellent!
2) The GOP congress and Clinton deregulated by repealing Glass-Stegall. Bi-partisan insanity
3) Enacting NAFTA with bipartisan support. Excellent!
4) The Housing Bubble started in 1998. Policies in the 1990s allowed this to happen. Bush can be blamed for allowing it to grow bigger and not cleaning it up (it still isn't cleaned up), but it was born in the Clinton presidency. Bi-partisan insanity
6) The Bush Sr. recession ended before he took office and he left a recession for the next president that started 6 weeks into GWB's term. This recession clearly existed, it may have been a small one, but it existed. We had declining industrial investment and many leading indicators were down in the summer of 2000 (under Clinton). A very tiny recession-Ho hum
7) There was no surplus that was passed to the next president, this myth was a rosy projection that assumed absurdly large growth, no NASDAQ bubble, and no housing bubble. The last Fiscal Year that Clinton had, added 133 Billion to the national debt, and this would naturally get worse as you add in the fall out from the NASDAQ Bubble and recession gift wrapped for GWB to inherit. Just $133 B -Excellent!
there was a deficit, that means that there was never any such animal as a surplus.
I know. But that is part of his Legend.
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