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View Diary: Mitt Romney reveals his magical tax plan math. And it looks just like Bush's. (152 comments)

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  •  I'd like to point out some stuff about this Clin.. (1+ / 0-)
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    jfromga

    Clinton mythologizing.

    The two best things that Clinton did during the 90's was keeping a lid on global conflicts by understanding the world economy can't grow if the world is at war; also, at the margins, he and his team did some small things to pump aggregate demand which is good.

    But the biggest reason why we had a boom in the 90's was because of the internet, technology, and computers. It was the gift of science to our economy; as long as whoever was president didn't screw things up by starting a war we were always going to have that boom whether we passed that 1993 bill or not. Facts!

    Also, if I wanted to be a jerk I'd point out that Gless-Stengall bill that he signed was tied in the top 3 for the biggest single cause of the financial crash and housing catastrophe that we are dealing with now. But I am certain Bush would have signed it in 2001 if Clinton did it, making it a moot point.

    •  Facts includes (2+ / 0-)
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      Steve Magruder, JerryNA

      not only creating millionaires but pulling people up out of poverty.  

      Not starting a war is a pretty good legacy, I'd say.  

      Creating a surplus, pretty good stuff.  

      No one is saying Clinton is perfect.  But his policies worked.

      And think about it - if the economy wasn't in free-fall when Obama came along, and he put the money he has into the green economy, we could have a similar boom to the one created by computer tech under Clinton.

      Perhaps in his second term with the economy more stabilized, the steps he's already taken will bear fruit - there will be tons of jobs in that sector and people are preparing for it now, and the R&D is being supported now.  Grants are being offered to college students to innovate as well.

      I wouldn't cry if the green economy was the "only" reason for a ton of new jobs.

      Why is it that a 3% tax increase for the wealthy is considered "socialism" and an 8% wage cut for the middle class is "doing your part"? MartyM

      by delphine on Wed Oct 10, 2012 at 09:15:51 AM PDT

      [ Parent ]

    •  I Would Add To That Clinton Legacy - Passing NAFTA (3+ / 0-)

      a trade agreement which has generally HURT our economy and led to job losses here. But I did vote for Clinton (and would again) - he was a hell of a lot better than W.  and his pre-emptive unpaid for wars and tax cuts.

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