- Banned
- #126
No it wasn't.Budget was due to Republicans controlling the house (Clinton tried but couldnt substantially increase spending and who can forget Hilarys woeful effort re healthcare) and as for no wars - well who can forget his stuff ups in the Balkans, Somalia etc.
It was a mixture of the executive, congress and favorable macroeconomic conditions. Bill was a masterful negotiator and no credible historian or economist denies the impact his presidency had on the economy. He pushed spending cuts which congress happily agreed to, given the argy bargy of his first couple of years and managed to get through a number of tax increases, to help fund things like retraining programs (JOBS), that did have a positive impact on employment. His policies directly led to deficit reductions, lower unemployment and higher growth.
In fact the major strike against him was that both deregulation of financial markets, and the rapid rise in investor confidence (due to improved conditions), led to the overheating of the dotcom and contributed, along with certain other decisions to the problems in 07/08.
The issue the repubs have, is that their recent track record is one of awful economic managers at state and federal level.
The tax cut approach is causing mares in states like Kansas and more traditional repubs like Christie have done an poor job meeting commitments whilst failing to balance budgets.
Bush jr was a disaster, and the so called moderate republican congress (sans Geingrich) of Clintons era never truly materialized, so there isn't a lot of positive spin to be had .
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