Quote:
Originally Posted by janmcn
Under Bill Clinton: 23 million jobs created, three balanced budgets, zero unfunded wars, left a huge surplus, and left office with a 70% approval rating
Under George Bush: three million jobs created, two unfunded wars, squandered a huge surplus, no balanced budget, and left office with a 22% appoval rating. Was recently rated the worst president in US history.
|
I am no expert in finance believe me. When I read an article like the following it re-enforces how little I know. This is a long article, but tries to articulate some details deeper than Bill Clinton was great, George Bush was a dope....
Dissent Magazine - Summer 2008 Issue - The Legacy of the Clin...
Here is a paragraph to get you interested
Quote:
|
Originally Posted by From Dissent Magazine link above
Chickens Come Home to Roost
HISTORY SHOULD deal harshly with Bill Clinton. Throughout his terms, real wages stagnated, manufacturing and service jobs moved overseas in large numbers, and the middle class was squeezed. With the federal government asleep at the wheel, there was a significant rise in predatory lending practices by banks and mortgage companies. By Clinton’s final years in office, all of these trends had contributed to an ominous rise in delinquencies and foreclosures on subprime mortgage loans. This was particularly pronounced in urban America. In Chicago, for instance, foreclosures on subprime mortgages rose from 131 in 1993 to more than 5,000 in 1999.
|