here is why you have been mislead.

本帖于 2008-08-29 20:19:14 时间, 由版主 人在北美版主 编辑
回答: Xiao Pan, I am older than you andnoso2008-08-29 13:58:57

Bill Clinton was lucky because the deregulation frameworks set by Regan and victor in Gulf War by Bush senior.

The first thing Clinton did was to reduce the budge on national defense, he closed down so many militay bases and for a while the federal government stopped working.

But is he responsible for the economic growth? absolutely not. The capitalism and market economy was on the rebounce when he took over the office, the .com business was hot and made so many people rich.

But when Bush jr took office, he has to refill the big hole on national defensem then there was 9-11.

Bush jr. was not a great president on many accounts, but the boom of housing market made a lof of people rich just like .com business.

Everything has ups and downs, now is down time. Since I run my own business, I know that the economy will be back, because I had great past 8 years and still going strong.

所有跟帖: 

so you agree with me that having a democrat in office is NOT... -panzerkom- 给 panzerkom 发送悄悄话 panzerkom 的博客首页 (31 bytes) () 08/29/2008 postreply 14:28:57

Hillary may be OK, but not this Obama. -noso- 给 noso 发送悄悄话 noso 的博客首页 (763 bytes) () 08/29/2008 postreply 14:39:15

key word to me "The wealth re-distribution" -rabbi-jyl- 给 rabbi-jyl 发送悄悄话 (172 bytes) () 08/29/2008 postreply 14:57:50

...and the increase of homeownership. -丹凤高粱- 给 丹凤高粱 发送悄悄话 丹凤高粱 的博客首页 (0 bytes) () 08/29/2008 postreply 14:31:09

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