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Anonymous
Anonymous asked in Arts & HumanitiesPhilosophy · 3 months ago

Why did an unprecedented economic boom take place during Bill Clinton's presidency?

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  • Ana
    Lv 6
    3 months ago
    Favorite Answer

    This thing called the Internet and personal computers were both invented and mass marketed during his Presidency, leading to millions of new jobs, better transportation, better communication, and tons of new opportunities for Americans. This hugely boosted the economy 

    It had nothing to do with him, but it greatly helped his re-election. It’s called “the .com boom”

    By contrast, Trump IS largely responsible for why our economy is so good today. Many of the trade deals we’ve recently signed with China, Mexico, Canada, etc were constructed, negotiated, and engineered directly by Trump and his team 

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  • 3 months ago

    The same reason why there was a big recession under Obama in 2008.

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  • 3 months ago

    See: "the contract with America"

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  • JetDoc
    Lv 7
    3 months ago

    Because the Republicans FORCED him to cut taxes and cut government spending.

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  • Mark
    Lv 7
    3 months ago

    The dotcom/Internet growth started in the 90s.

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