Quote:
Originally Posted by FRPLG
Yes he inherited a recovering econmoy on the cusp of a period of growth unseen before and watched as tax coffers exploded with money that allowed him to end up positive. Bush got a waning economy and decided to cut taxes as well and now we have war that costs a lot of money and less taxes both by natural occurence and tax cuts. I like tax cuts but they should be met with spending cuts also. I don't give either prez any credit for performance on economy as they have very little if any effect on it. It is one the greatest myths in this country in terms of politics. Our economy runs itself. MAYBE tax cuts help a tiny bit to spur growth but that is questionable. Clinton didn't do anything that could be considered effecting the economy. Not a knock on him but just an observation.
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great point...many presidents try to take credit for the economy, when in reality it runs itself...and is cyclical
02-13-2007, 03:07 PM
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