4 ms·

Yeah, but that happened with the other party controlling the purse strings, in both cases, who were voted in as a reaction to those administrations with financi

• blacksqr 6y ago
  Both Clinton and Obama inherited a recession from their Republican predecessors, and were punished for the unforgivable sin of responding appropriately.
  • aksss 6y ago
    By that logic did Bush inherit the dot-com crash from Clinton? I think you'd like to make the world fit neatly into ideological views. The boom-bust cycle of the US economy is pretty nuts when you step back and take it all in. Often the federal policies and bank regulations, to the extent they drive 'irrational exuberance', seldom reach their zenith and nadir all within one administration. The subprime mortgage crisis being a good example.
    • blacksqr 6y ago
      If you don't think it's possible to make the world fit neatly into ideological views, then I don't understand your former comment where you appear to give credit for the deficit reduction under Clinton and Obama to the Republicans.
      • aksss 6y ago
        Of course you don’t.