Just as a heads up, those of us who have worked and studied world economy. it takes roughly 8-10 years to see the full effect of federal economic decisions in a capitalist environment. Yes, this is Clinton's mess. Yes Bush made it worse. and no Obama is not going to be able to clean it up in the near future, but the MARKET will stabilize and reach equilibrium. It will do so sooner the less we screw with it, which means we may have a bit of trouble yet ahead of us. This is the nature of a free market economy, there are mountains and valleys, some artificially imposed due to poor policy(most recently the Clinton started/bush worsened housing policy)
so while Fox news may be crazy right wing, they are not inaccurate in this, 10 years later we are at the end of what Clinton did to the nation, and the middle of what bush has done respectively. The next decade could be troubling.
Slashdot Mirror
Just as a heads up, those of us who have worked and studied world economy. it takes roughly 8-10 years to see the full effect of federal economic decisions in a capitalist environment. Yes, this is Clinton's mess. Yes Bush made it worse. and no Obama is not going to be able to clean it up in the near future, but the MARKET will stabilize and reach equilibrium. It will do so sooner the less we screw with it, which means we may have a bit of trouble yet ahead of us. This is the nature of a free market economy, there are mountains and valleys, some artificially imposed due to poor policy(most recently the Clinton started/bush worsened housing policy) so while Fox news may be crazy right wing, they are not inaccurate in this, 10 years later we are at the end of what Clinton did to the nation, and the middle of what bush has done respectively. The next decade could be troubling.