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The economy of the 90: What (or who) was responsible?
At Lalo35adm's suggestion, this thread is for open debate and deliberation on the particulars of the economy of the 90's.
Please add your learned opinions at will.
Also, please recommend the post to extend the opportunity for responses by the greatest number of contributors, many of which don't have the luxury of all-day computer access.
Thanks. Slouch.
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Comments (9)
What's to debate? You haven't offered an opinion yet
March 21, 2008 1:05 PM | Reply | Permalink
Oh, I can see that you're one tough debater! Touche!
March 21, 2008 1:30 PM | Reply | Permalink
I'm fired up and ready to go.
Economy moves very very very slowly. Presidents manage the economy but of course managing economy well hsa nothing to do with creating an economic boom. So they cannot be credited with them.
What's your opinion?
March 21, 2008 1:35 PM | Reply | Permalink
My opinion is that this thread is a bust.
My opinion is that I wasn't challenging you to a one on one debate, I was try to open an opportunity for discussion by a number of parties so that I could broaden my own perspective.
My opinion is that while most economies move slow, economies can move like wildfire if conditions are right.
My opinion is that I need to go to lunch.
Sorry for the letdown.
March 21, 2008 2:01 PM | Reply | Permalink
Obviously Bill and Al had nothing to do with the booming economy of the 90s, because that would some how diminish Obama. Especially not the part of using Venture Capitalists to drive tech innovation, or the creation of the internet core back bone as a neutral peer exchange, and therefore a level playing field. And don't forget to mention that Bill cribbed the "Swords to Plowshares" speech from Reagan...
Please begin talking about how the subprime mess created in 2003 is really all Bill's fault from 1998 laws, and that in fact we could have stopped 9/11 if only Bill had listened to the warnings in the late 90s, just like the really awesome Disney/ABC Path to 9/11 documentary told us.
March 21, 2008 1:09 PM | Reply | Permalink
Good post.
I've got no idea how to respond, because I'm not sure where the snark is coming from.
I opened this thread with the intent of learning what other people more knowledgeable and experienced than I thought was behind the 90s boom. I'm ready to learn more if you'd consider posting again and expanding on your opinions.
March 21, 2008 1:40 PM | Reply | Permalink
Slouch, I think the snark comes because of the phrasing in your original post. It makes it seem like bait. That's how I read it, sorry.
March 21, 2008 1:47 PM | Reply | Permalink
You guys move fast. Some of us have to work, though. Analyzing the economy and shit.
Look this isn't about politics or about what's your opinion vs. mine. It's about the patterns of economic and employment and investment growth in the 1990 and whether there are specific economic policies that explain those patterns. These are empirical questions and in many ways complex.
Policies and laws can do a whole lot to screw up and economy, but not to create growth where other conditions do not support it. I think a fair reading of the Clinton years was that they did a very good job avoiding screwing things up, and a few good things to improve the investment climate in general. Perhaps they did not do enough to slow down the stock market bubble, the ill effects of which were felt in the recession of 2001, and in many ways are the seeds of the current housing bust.
Sorry time's up. Just turn off the TV and read some books and come back here when you graduate high school.
March 21, 2008 4:03 PM | Reply | Permalink
Sorry I didn't migrate from the other blog sooner - I have a day job to attend to :)
So, as much as I think it's great that Lalo is reaching for the stars with his/her presidential vote, it's is absolutely unreasonable to think that any candidate can bring back the economic boom of the 90's. If that was the only reason why you're backing Hillary, sweetie, you might want to take this opportunity to reconsider.Actually, I just wanted to wholeheartedly back Economides and add a source for Lalo. Here's my favorite part just to tantalize you a bit:
March 21, 2008 5:56 PM | Reply | Permalink
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