Re: an arteest

The indisputable wonderful thing that Clinton did for the economy was to
virtually destroy the existing welfare state and turn it into a training to
work system, which is horrendously successful and got more people off of
welfare because they no longer needed it than had happened in the 20 yrs
previous. "Pay them to be poor" turned into "train them to stand on their
own feet", by using welfare-to-work, trade schooling, and offering day care
services. As one who is particularly critical of Clinton (despite my
previous anti-Bush posts), I did the homework, and in this case, he did
well, very well. By the way, why is the US organizing blanket medical care
systems in Iraq when it can't seem to do the same at home? Oh, and one more
thing, doesn't it seem, given the current economy, horribly irresponsible to
offer tens of billions of dollars to other countries (ie turkey, et al) for
the privilege of going to war with their neighbors? So, it's not just a
war, it's a war and an extensive bribery campaign. Good going, Georgie, way
to jack up the deficit just like Daddy and Reagan did.
tina

>You have a point, John...the economy began its decline before Bush took
>office. But I think Clinton did a good job cutting government spending and
>actually managed to get the Fed. budget in the black for a year or two.
>Bush did inherit an economy about to enter a recession to some degree, and
>9/11 exasparated that, but I don't see him running the military on a tight
>budget (why do we need those 20-30 bases we have scattered around Europe?)
>or very committed to fiscal responsibility. I think Clinton has him beat
>hands down on this issue.
>
>Jim
>
>John P Baumgardner wrote:
>
>>Clinton did great with the economy? Why do people say this like it's an
>>accepted fact? The changes made by those in office typically affect the
>>economy years down the road. The economy started heading south within
>>months of Bush's inauguration. In some significant ways, the Bush
>>administration was left to reap the seeds of the Clinton administration.
>>The economy greatly overextended itself during the Clinton years (ie.
>>Enron, all the dotcoms, etc). Sure everything seemed great, the stock
>>market was growing at absurd rates on the backs of prospects, who had yet
>>to turn a profit. It was like a gold rush, without the gold. Land prices
>>skyrocketed and everybody was rich on paper. The value of their land was
>>increasing 15% each year! But alas! no gold. Should have sold back in
>>1999. The bubble burst and we had to come back down to reality and its
>>mathematical limitations.
>>And now people say, "The economy was great under Clinton, now Bush has it
>>all f'd up." Now I don't see one as better than the other, but please
>>don't tell me that Clinton did great with the economy.
>>
>>JPB
>>
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Received on Mon Apr 21 20:46:14 2003