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Reagan and Clinton both got lucky being president during the two major booms of the early Information Age. The introduction of the IBM PC in the early 1980s and
by Kye 5y ago
Reagan and Clinton both got lucky being president during the two major booms of the early Information Age. The introduction of the IBM PC in the early 1980s and the popularization of the internet in the mid-90s caused those numbers. They would have had to mess up big time to not have it happen by pure coincidence while they were in office. Entire new categories of business sprung up by replacing millions of salaries with relatively cheap computers, and by amplifying the productivity of everyone left.