Would it be fair to say that Bill Clinton owns the stock market crash of 1987 and the dotcom bubble recession?
- ObamavengerLv 73 weeks ago
No it would not.
- SandyLv 73 weeks ago
yeah, as soon as Clinton left office that bubble popped! it was all smoke and mirrors. same thing with Obama propping up Wall street for 8 years by printing money as fast as they would let him and the Fed keeping interest rates low.
- a la RimbaudLv 63 weeks ago
... he was a state governor - that's all - in 1987. I would agree he bears a fair amount of responsibility (but certainly not sole responsibility - Bush Jr. certainly contributed his fair share) for the dotcom and housing bubble recession of the '00s, though. Though it's worth noting that both Clinton and Bush were largely carrying on (and expanding) Reagan's policies.
- August WestLv 53 weeks ago
LOL Ya since Reagan was in office in '87.
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- Jimmy CLv 73 weeks ago
No, it would not be fair to say that. Clinton created a surplus, but Bush turned that into a deficit.