HOW BAD DOES IT GET?
HILLARY CLINTON WILL PUT BILL CLINTON IN CHARGE OF REVIVING THE ECONOMY
“BECAUSE HE KNOWS HOW TO DO IT."
Bill Clinton is arguably as overrated in terms of accomplishments for Americans as is Hillary Clinton. However, both have done well for themselves amassing millions of dollars of wealth. The economy of the 90s, for which he takes credit, and is given credit by many, had little to do with his policies. The best that can be said about his contributions is that he didn't interfere as did Jimmy Carter. He was kept in line largely by Republicans in Congress, led by Newt Gingrich.
When Clinton did interfere by “bastardizing the CRA in 1994 to push sub-prime mortgages for “a house for everyone” and then signed into law repeal of Glass-Stegall in 1999, he set up the 2008 financial meltdown for which few, if any, credit to him. He was aided by banker, Robert Rubin then Treasury Secretary.
Please read two blog posts at http://mann2man.blogspot.com
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- Economy of the 90s posted July 11, 2012 but published in newspaper in 2004
- Economy – The Mantra....This addresses Clinton's bogus claims about “failed policies of the past. Gives himself no blame for the worst of the economy. Posted Sept. 4, 2012.