|
I agree economy swings on it's own but I'm big believer that the government can prolong economic growth or make recessions shorter. There's a term for this - too bad I slept through every economics class I ever took in college.
I think Alan Greenspan is beyond genouis.
FDR did not help the economy???
The New Deals did not help the economy or people's lives?
There are a variety of programs Clinton signed that help prolong this growth.
Targeting tax cuts
Financial aid for college
Balancing the budget
Welfare reform
Family leave act
International trade
That's just off the top of my head
We've covered this a little on here back in 2000. From what I remember there was quite a few people that agreed with me. I do not think the economy was done growing when Clinton left office. I think the economy collapsed because of the "sky is falling" campaign Bush ran that year.
Everything was going great, there was a short period of decline and Bush used that moment in time to scare the public. Since Bush hit the national spotlight, the economy has gone downhill. I think had he not jumped the gun in mentioning this and using it as a strategy, I think the government could have turned it around.
|