Posts Tagged ‘years’

Bush vs. Clinton Years on Econonomy: Bush Pretty Good

September 6, 2008

A U.S. News & World Report story – admittedly from last year – attempts to put the Bush years and the Clinton years into context.  The verdict: Bush fares pretty well.

The article points out that Clinton had a few advantages from the outset that Bush didn’t have: 1) an economy that was beginning to run at optimum as he took office, and 2) an end to the Cold War that allowed him to reduce military spending even as it gave Fed Chairman Alan Greenspan the confidence to reduce interest rates.

Democrats have been attempting to demonize the economy under Bush for several years now.  It isn’t true now.  It never was true. (more…)