Yesterday was Trumps Joe McCarthy moment...

[HedonistForever]

Originally Posted by SpeedRacerXXX

Although I voted against Bill Clinton twice, he was very successful in eliminating the deficit.

https://www.factcheck.org/2008/02/th...under-clinton/

Or maybe just another example of a President being in office at the right time in history.

An equally if not more powerful influence was the booming economy and huge gains in the stock markets, the so-called dot-com bubble, which brought in hundreds of millions in unanticipated tax revenue from taxes on capital gains and rising salaries.

I've heard more than a few people who give Clinton credit for not doing things to fuck up the things that he had nothing to do with accomplishing. Trying to give Presidents credit for or blame for economic turns is a tricky conversation.


I see Bill Clinton as having very little to do with the economic success that happened during his time in office.

[Jackie S]

The “DOTCOM” boom is the reason things were so rosy during Clinton’s tenure.
Clinton was in the right place at the right time. We have had better Presidents, and worse Presidents.

[1blackman1]

Originally Posted by Jackie S

The “DOTCOM” boom is the reason things were so rosy during Clinton’s tenure.
Clinton was in the right place at the right time. We have had better Presidents, and worse Presidents.

Very few worse than Trump. Likely none.

[txdot-guy]

The reason why Clinton was able to deal with the deficit was because he raised taxes when the economy was good. The opposite of the supply-side economic theory. You collect money when times are good to save or pay down your debt, and you borrow or use your savings when times are bad.

[WTF]

Originally Posted by Jackie S

The “DOTCOM” boom is the reason things were so rosy during Clinton’s tenure.
Clinton was in the right place at the right time. We have had better Presidents, and worse Presidents.

Originally Posted by txdot-guy

The reason why Clinton was able to deal with the deficit was because he raised taxes when the economy was good. The opposite of the supply-side economic theory. You collect money when times are good to save or pay down your debt, and you borrow or use your savings when times are bad.

Bush raised taxes...got voted by stupid Republicans and Perot.

Clinton benefited from that, the booming dot com market and low oil prices.

Republicans in Congress started caring about the crazy deficits and debt Reagan had piled up and really cut the fat in government.

.

[Jam3768]

Originally Posted by 1blackman1

Very few worse than Trump. Likely none.

Definitely no president has ever been worse than Trump. He has cemented his status in the 2 months following the election and the events of Jan 6th have ensured that no one in the future will ever threaten his level of ineptitude.

He is the worst of all time (WOAT). And it's not even close.

[lustylad]

Originally Posted by txdot-guy

The reason why Clinton was able to deal with the deficit was because he raised taxes when the economy was good. The opposite of the supply-side economic theory.

He raised taxes in 1993. But then he cut capital gains taxes in 1997. That's when revenues really surged and the deficit swung into surplus.

https://www.heritage.org/taxes/repor...the-1990s-boom

[1blackman1]

Originally Posted by Jam3768

Definitely no president has ever been worse than Trump. He has cemented his status in the 2 months following the election and the events of Jan 6th have ensured that no one in the future will ever threaten his level of ineptitude.

He is the worst of all time (WOAT). And it's not even close.

I only give leeway for someone worse because my knowledge of history and presidential actions doesn’t really have a lot of depth around the time of the Great Depression or Presidents around the time of the beginning of the civil war. In my lifetime, Trump is not just the worst he’s simply terrible. But you’re correctin that if there’s a bottom, he’s down there.

[rexdutchman]

still reminds me of 1968, all over again tin hat time