[Genryu]

I often heard Republican blaming the recent American deficit on the Clinton Recession. My question is, can you, Republicans on this board, prove, by showing me facts and numbers, that there was a reccesion during the Clinton era ? I mean, from a foreign POV, America never seemed to be growing that much before the guy.
I'm all ready to concede the fact that I could be wrong, since I'm too lazy to do a proper research, but still, I'd like to know a bit more about this.
Thank you in advance.

[an0n]

Nobody cares.

We all know Clinton was a good dick. Bush is a bad dick. And Kerry is a giant douche.

[Bobboau]

give me a sec

[Zarax]

Clinton era = new economy boom.
Nothing else is needed.

[Bobboau]

a graph of the stock market from March 2000 to January 2001
feel free to zoom out to get a better feel
the market started to crash 7 months before the elections even took place, and he didn't take office untill about the end of this graph (there is a lag time of a few months between when a presedent is elected and when he actualy becomes the presedent), unless Bush somehow pushed his bad ecconomic influence back in time the crash was caused by who came before him. further, Bush didn't get _any_ of his (ecconomic) policies enacted untill about a year after this time

oh, and I'm not a republican.

[Deepblue]

I still have yet to decide WHAT you are... What are you?

[an0n]

A baby ox?

[Singh]

He is Bobboau, 100% pure SCP ub3r god.

[Ghostavo]

Maybe it was the news of his possible election

[Genryu]

/thanks Bobbau for at least an answer to the question.

"Who are you ? What do you want ?"


Well, after cheking this little graph, only the Cisco and the Nasdaq, both only representative of a little part of the market, were taking a plunge. The dow jones, which, though I may be wrong, represents more the market in general, tended to stay at the same level, no ? I'm not especially good at economy in general, and the specifics of america's economy even moreso, but if I'm wrong, feel free to explain it to me, I'd like to wake up less stupide tomorrow

[Liberator]

The Dow Jones is primarily industrial stocks.  The NasDaq primarily Technology Stocks.  For a more generalized market you need to look at the S&P 500.

[Bobboau]

just zoom out if you want, most of the loss experienced recently was in tech stocks wich is what NasDaq is.
cisco is only there becase it needs you to give it some stock to graph in order to give you the other ones (and becase I'm heavaly invested in it )
if you zoom out you'll see the dow has remained relitively flat

and to answer the questions I'm independent, I try not to fall into any one ideology, I guess I'm closer to Libertarian than anything else, but I have some disagreements even with them.

[karajorma]

Originally posted by Bobboau
a graph of the stock market from March 2000 to January 2001
feel free to zoom out to get a better feel

I did

http://moneycentral.msn.com/investor/charts/chartdl.asp?Symbol=CSCO&PT=1&CP=1&C5=3&C6=1998&C7=1&C8=2001&C9=1&CA=1&CB=1&CC=1&CE=0&CompSyms=&D5=0&D7=&D6=&D3=0&ShowChtBt=Refresh+Chart

The S&P 500 doesn't fall below the level it was at a year before. In fact the Nasdaq doesn't either. Go back about 5 years and you'll notice that they were all going up.

[Liberator]

Everybody knows that was the "Tech Bubble" that was supported by hundreds of millions in venture capital and very few of the companies actually had a viable business model on how they were going to make money once the venture capital evaporated.  Everybody also knows who survived: Amazon, Ebay, and a few others.  In 1998-99 there were literally hundreds if not thousands of similar services.  I remember that there was an online grocery store, a grocery store for crying out loud!

[Kazan]

the tech bubble was burst and recovered from well before the election

and there was no "clinton recession" - a recession is 2 quarters of negative growth - a depression is 4+ quarters of negative growth

[Deepblue]

Read the title smart one.

[Kazan]

republicans don't answer questions honestly

[Rictor]

You must be a very sociable person, having met 50 million people.

[Kazan]

i should have qualified that as limbaugh-republicanist

you find me a limbaugh-republicanist who tell's the truth about the issues and i'll show you a snowball not melting in hell

[Zarax]

Hell is frozen at it's deepest...