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Giving Jimmy Carter credit for the boom in the 1980s is a bit of a stretch. Using that logic, George HW Bush should be credited with the boom during the Clinton
by briandear 7y ago
Giving Jimmy Carter credit for the boom in the 1980s is a bit of a stretch. Using that logic, George HW Bush should be credited with the boom during the Clinton years.
- melling 7y agoIt was all about the Fed. George Bush lost because of Fed decisions. The economy went into a brief recession. Bush was extremely popular after the first Iraq War. Unfortunately, rates went up... Paul Volcker was appointed by Carter. He really cranked up rates: https://www.washingtonpost.com/local/obituaries/2019/12/09/c744d596-1468-11e1-9048-1f5352187eed_story.html https://www.washingtonpost.com/local/obituaries/2019/12/09/c...