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Originally Posted by strandinthewind
Once again, and pay attention this time, the Clinton economy was built on trillions in false data and fraud. This is not a hard concept, esp. when how many Fortune 500 companies and how many in the Dow go belly up because of this. Yet, you always incorrectly assert everything was just fine and dandy during Clinton's term, when, though yes the effect was there, the underpinnings were faulty to say the least. So, according to you, you would rather have trillions in phantom wealth with no regard to the consequences just as long as the little guy has a job for a relatively fleeting moment. Whatever.
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Jason, I am not stupid. I know that fraud happened. but I also know that whatever forces were fueling the economy at that time benefitted the MAN ON THE STREET. THAT is what I look at when I look at how the economy is doing. because when the little guy has $$$ in his pocket, he goes and spends it. he buys houses. he invests in the stock market. that is TRUE economic progress. No matter what you think, the dot com bubble and the rampant fraud in certain big companies do NOT comprise the entire economic landscape. That doesnt require much thought either.