BenedictGomez
Well-known member
The Economic condtions were right for an expansion, Cheap oil in my opinion was a big part of that . Anybody that would have been in office at that time would have looked great. His cooperation with congress had to do with the Contract with America success ( Imagine politicians proposing things to actually vote for )at least he was a pragmatist and not an idealog.
The Glass Stegal repeal that was proposed by a the Republicans and only had one Dem vote but Clinton could have Vetoed it.
So the disaster that follwed was also Bi partisan
Clinton benefited massively as well from his time in office almost perfectly coinciding with the internet boom. The internet is one of those human technological creations that happens once every......several generations in terms of it's overall magnitude in economic importance. The GDP growth that occurred during the internet revolution was positively MASSIVE, and GLOBAL in terms of its' consumer market reach, yet most of the players were American companies. Since the dawn of the computer, America has had it pretty good with the exception of a few crashes (internet bubble, housing bubble).