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Reply #27: That number was for all IT -- info technology [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Dogmudgeon Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-03-08 06:45 PM
Response to Reply #17
27. That number was for all IT -- info technology
I might even be on the low side, but it's still in the right ballpark. It was widely quoted as "one million jobs".

There were certainly business failures under Clinton. That's par for the course. But people assume it was all NAFTA under Clinton, and it wasn't. "Capital formation" was strong, it was becoming more distributed, and people had more credit. This led to the Real Estate boom, but not because of Clinton's doing -- the Fed had a "go-go" money policy, and Clinton got flack for seeking a slow schedule of increases.

Most of the information on Clinton -- both Clintons -- online, is cherry-picked to be derogatory. That may be why the Internet supports Obama about 70/30, while the general population is closer to 50/50 -- or better. The Clinton era was NOT a bad time by any measure. He was a skilled manager and his good mood was infectious; hence the nickname "the Big Dog". The Clintons did a lot of things that the left would applaud, if the left press didn't have its own agenda.

Indeed, there were plenty of things to complain about. But the record in whole is seldom discussed online; only the negative is presented, and the benefits are glossed over if they are mentioned at all. The Clinton-bashing movement has given us a revisionist picture of history. For those concerned about lies, that's a productive lode right there.

--p!
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