Quote:
Originally Posted by gstelmack
Yup. It's funny that the Repubs get blamed for all that and that Clinton gets kudos for his economy, yet Enron et al were WHY Clinton had such a great economy. It was a giant stock-market based house of cards built on a foundation of complete fabrication of financial positions.
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Funny then that even now after two recessions the GDP is much higher than it was when Clinton came into office. There was a ton of real and lasting productivity growth in the nineties. Look at companies like Wal-Mart or Fed-Ex or any number of others and you'll see great leaps in productivity that still last.
You can say Clinton had nothing to do with that, but arguing that there was no real growth in the nineties is silly.