When the tech-stock bubble was going up the Left Wingers were saying that Billyboy Clinton was an economic genius. But when tech-stock bubble burst and the stock market tanked and we went into a recession, they blamed Bush for it.When the economy tanks, Trump will blame someone else. It's what he does.
With Trump, it's always someone else's fault
Which recession, George the dumber governed over 2 recessions. That takes talent.
So the recession that started in March of 2001, less than 45 days after Bush was inaugurated is on Bush, however the economic growth 18 months after Trump was inaugurated is on Obama?
Seems like more partisan BS to me.
That's 'cause you're completely controlled by your biases. The chaos of hanging chads and Bush/Cheney fear mongering aided in the recession. The first thing out of their mouth was to attack Clinton's policies and promise tax cuts, because they claimed the economy was in trouble.
So, if the office of the President was then the cause of the recession, as you imply, how about this one:
Monetary Policy and the Housing Bubble
In 1998 through 2000 stocks for dot coms were sky high some overvalued by 300 to 1 over earning and people were borrowing 150% of their equity on their home during that time. Many economist were concerned about people over leveraging their homes and the dot com bubble bursting and those predictions started in 98 and 99.
In 2000 the dotcom Super Bowl occurred by the end of 2000 most were in financial trouble, one even closing its doors by the end of 2000.
There was going to be a market correction, it had to happen.