Quote:
Originally Posted by RIJIMMY
Clinton's success was fueled by the dot-com revolution and subsequent bubble.
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True, and the economic growth during the first 7+ years of Bush's presidency was fueled by the real estate bubble...
But my question, I believe, is still valid. When Clinton's economy looked horrible, he lowered tax rates significantly, cut spending, balanced the budget, and reformed welfare. That's what Clinton thought was the right path to grow the economy.
So what's the connection between Clinton's economic policies, and those of Obama, other than the fact that they both are Democrats? If you put that aside, weren't Clintons' economic policies more like those of Romney/Ryan, than those of Obama/Biden?
During his 1996 State of the Union address, Clinton famously said "the era of big government is over".
I'm just not seeing the logic behind Clinton saying "hey, if you liked what the economy did when I was President, then vote for Obama".