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Old 06-30-2010, 01:45 PM
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miraja2 miraja2 is offline
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Join Date: Jun 2006
Location: Chicago
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Quote:
Originally Posted by Antitrust32 View Post
Gingrich made the Clinton years and would have been FAR FAR better than anyone we've had in the 10 years since.
The idea that Gingrich "made the Clinton years" is a joke.
Also, the idea that Clinton "made the Clinton years" is a joke.

The combination of Silicon Valley and post-Cold War globalization made the 1990s an economically prosperous time for the United States. Did certain governmental actions (NAFTA, etc) help to fuel this growth? Sure, but the economic growth in the 1990s would - in all probability - have happened no matter who the president or the speaker of the house happened to be.

The government - and particularly the president - receive far too much credit and/or blame for how the economy is doing. The government has something to do it, but market forces independent of government involvement are way more important. That's true of the boom of the 1990s, the bust of 2008, and pretty much everything in between.
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