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Two Huge Flaws in the Legend of the Clinton Economy
Heritage Foundation ^
| September 7, 2012
| J.D. Foster, Ph.D
Posted on 09/08/2012 11:39:41 AM PDT by Son House
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To: aflaak
41
posted on
09/09/2012 7:58:06 AM PDT
by
r-q-tek86
("It doesn't matter how smart you are if you don't stop and think" - Dr. Sowell)
To: TwelveOfTwenty
That's obvious now, but it wasn't to many at the time. Oh, you're quite right. Bubbles are never obvious while they're being blown. People warned for years that the housing boom was a bubble -- no one believed them.
Remember the height of the Dot-com bubble? We were constantly told that this was a "new" economy. Information was king! No longer did profit matter, it seemed.
We all really should have seen it coming. But, we didn't.
42
posted on
09/09/2012 3:05:09 PM PDT
by
BfloGuy
(Without economic freedom, no other form of freedom can have material meaning.)
To: Son House
the 90's were horrible for wage earners and unless you had a foot already in the stock market, you didn't realize all the gains but suffered tremendously with the planned crash in Sept 2007...
Toon was all set to start up a govt healt care industry, with the aide of Perot and his willing voters, when the GOP fought back and took over Congress 2 yrs later....
and Toon left the economy in a terrible mess as well...
if people don't read and understand the news, they shouldn't be voting....
43
posted on
09/09/2012 6:39:46 PM PDT
by
cherry
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