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To: V_TWIN

23 million new jobs were created. . . 22 million jobs lost when Dotcom bubble crashed.


8 posted on 01/05/2016 9:53:33 AM PST by Rodm
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To: Rodm

...and don’t forget, Bill Clinton’s V.P. Algore invented the inter net!!!....


12 posted on 01/05/2016 10:13:44 AM PST by HarleyLady27 (.."THE FORCE AWAKENS"!!! TRUMP; TRUMP;TRUMP;TRUMP 100%....)
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To: Rodm
23 million new jobs were created. . . 22 million jobs lost when Dotcom bubble crashed.

BILL CLINTON'S ECONOMIC PERFORMANCE

During the election cycle of 1992, George H.W. Bush lost his job after Bill Clinton hammered him relentlessly for having caused the "worst economy of the last 50 years."

In fact, as CNN’s Brooke Jackson has reported: "Three days before Christmas 1992, the National Bureau of Economic Research finally issued its official proclamation that the recession had ended 21 months earlier. What became the longest boom in U.S. history actually began nearly two years before Clinton took office." See (See http://www.cnn.com/2001/US/10/31/jackson.recession.primer.otsc/).

By the same token, Clinton is generally perceived as having a stellar economic record during his own presidency, in spite of the fact that the economy was already starting to decline during the last year of his term after the stock market crashed in March 2000.

According to a report by MSNBC: "The longest economic expansion in U.S. history faltered so much in the summer of 2000 that business output actually contracted for one quarter, the government said Wednesday in releasing a comprehensive revision of the gross domestic product. Based on new data, the Commerce Department said that the GDP — the country’s total output of goods and services — shrank by 0.5 percent at an annual rate in the July-September quarter of 2000." See: http://www.msnbc.msn.com/id/3676690/ns/business-stocks_and_economy/t/gdp-figures-revised-downward/.

13 posted on 01/05/2016 10:20:53 AM PST by Maceman
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