Why was the economy good while bill clinton was in office and now its bad when bush is around?

Question

Why was the economy good while bill clinton was in office and now its bad when bush is around?

Answer 1

Republican congress,dot com boom

Answer 2

It's the economic cycle

After a period of prosperity always comes a period of bad economy.

Carter had a recession, Reagan had prosperity then, Bush had a  recession then, Clinton had prosperity and now Bush has a recession.

Answer 3

trickle down doesn't work...

also, ask Reps about Jimmy Carter... magically president's have a huge impact then on the economy...hahaha

look at the growth in any category under Clinton vs. almost any other president... it's really no contest...

no an "average" of numbers... but the GROWTH of numbers... where he started vs. where he ended... Bush HW's numbers were SO HORRIBLE that it ruins every Clinton average...

if you know anything about economics... it was in anything but shambles when he left... hahaha...

and also, if you look at the NUMBERS instead of the AVERAGE... clinton's numbers were tons better...

Answer 4

Here's a dirty little secret for you..... the president in reality has very little to do with the economy in general. George bush experienced a lot of good economic times during his tenure. Our unemployment rate was at an all time low and even today it matches Clinton's unemployment rate. The Dow Jones broke new records under Bush's watch. People's equity in their homes grew at an all time high under his watch even though things are coming back to earth now. As i said though, none of these things really have anything to do with the president. If anyone has more control over the economy, its congress since they control the money. So, as you are well aware, our economy has been sinking since the dems took control in '06 due to their reckless spending and their sheer incompetence when it comes to fiscal responsibility.  

Answer 5

Because Bill let the US get hit 3 times by terrorist & did nothing. It took only once for GW to get hit & he did something about it.

Answer 6

According to the GOP that is Bill Clinton's fault somehow.

Let me know if you figure it out.

Answer 7

During Billary's reign there was a Republican congress led by Newt Gingrich that put up with NONE of Clintons garbage. Newt even shut down the government to get the budget under control and balance it.

Compare that with Nasty Pilosi and Harry Reid shutting off the lights and going on vacation instead of doing the job that they are paid to do. The current congress (democrat controlled) spends money like drunken sailors (the war funding is a very small percentage of the budget). Bush's biggest mistake is in not vetoing every pork laden piece of legislation that came to his desk. He couldn't because then congress would make a public show of stopping funding for Iraq. See how the "You scratch mine, I'll scratch yours" works?

Bottom line is that there is overspending and corruption on both sides of the isle, but democrats seem to be much worse!

While congress truly controls the nations purse strings, the sitting president takes the rap.

Answer 8

Clinton left the economy in shambles for Bush when he took over.

If you think that Obama is your answer then keep drinking your kool-aide.

Raising taxes, increasing government programs will not help our economy.  taxing corporations will either have them outsource more or just pass the costs onto us.

why do we have these questions from people who don't understand simple economics?

Answer 9

partly luck and partly because Bush is a horrible president.

Answer 10

It is just intelligence.

McCain-Obama?

Can we get it wrong again?

Answer 11

Bush ran every business he ever touched into the ground. We let him take charge of the economy.

Answer 12

Expansion and contraction of economic cycles.  It matters relatively little who is in office when they occur.  All the President can do is be a spectator to it all until it passes.  Other than offering tax cuts to promote further growth and tax receipts, there is very little government can do regarding the open and free markets which drive the economic cycles.  Govt. needs to just stay out of the way, because when they intervene, they very often s***w things up much worse.  (Congress is dangerous and knows nothing about real world economics, they only know how to pander using our tax money).  How sad.