A very dear friend was a spokesman for the Net/Web industry testifying before the US Congress and the Canadian government. I followed it all closely during those years.
Belittle it all you want. Budgets ends up screwed you blame the man behind the desk. Credit goes there too.
but lets get where you hate going - FACTS:
Explore how Bill Clinton’s balanced budgets, NAFTA, and pro-tech climate fueled a record ’90s bull market—until the dot-com bubble burst at decade’s end.
verifiedinvesting.com
I also had a distant connection to this man, so I followed his career:
Gene Sperling was a pivotal economic advisor during the Clinton administration, serving as Deputy Director (1993–1996) and later Director of the National Economic Council (1997–2001). He was a key architect of the 1993 deficit reduction plan and the 1997 bipartisan balanced budget agreement, focusing on fiscal discipline and fostering long-term economic expansion. [
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Key Contributions to Clinton Economy:
- Budget & Fiscal Policy: Led the White House team on the 1993 Deficit Reduction Act and the 1997 Balanced Budget Act, which helped eliminate federal deficits and produce budget surpluses.
- Key Initiatives: Played a major role in expanding the Earned Income Tax Credit (EITC), creating the Hope Scholarship Tax Credit, and establishing Empowerment Zones.
- International Trade: Co-negotiated the 1999 agreement for China's entry into the World Trade Organization (WTO).
- Key Economic Advisor: As Director of the National Economic Council (NEC) from 1997-2001, he acted as the "honest broker" coordinating economic policy for President Clinton. [1, 2, 3]
Sperling is recognized for promoting a "pro-growth progressive" approach, combining fiscal responsibility with targeted investments in education, health care, and technology.
Explore how Bill Clinton’s balanced budgets, NAFTA, and pro-tech climate fueled a record ’90s bull market—until the dot-com bubble burst at decade’s end.
verifiedinvesting.com
btw, Watch Trump take credit for any AI boom.