Clinton may have presided over the only Federal surplus budgets in decades. However, the world economy thrives on growth, not cash reserves. The wisdom of leveraging American productivity was recognized by the GOP, as stated by Dick Cheney, "Reagan proved that deficits don't matter."
However, growth is not necessarily compatible with high standards of living. At times when raw materials are harder to come by, workers must learn to pull in their belts. In these times, cash flow among the elite must be maintained and even enhanced.
It is people with wealth that are able to apply their resources toward bringing society into a new prosperity.
I have seen/read quite a bit of American Political History over the years and I seriously feel like people don't give Bill Clinton enough credit especially over his ability to work with the Opposition towards the aim of making the American economy stronger.
A lot of people say he got lucky or whatever.Somehow I don't buy any of those arguments.He was extremely smart but his best quality was to work with differing viewpoints towards a common good.He was by far one of the most practical/realistic presidents America has ever had.Seeing the records of Both Bush Junior and Obama since then;I am pretty sure a lot of people are clamouring to have Clinton back in the White House.
Can we change the constitution to make it happen???
If it can happen in Russia(Putin is very much back in charge) why not in America?
There is a real paucity of good leaders across the political spectrum in DC.
"When I see a credit card statement that says my interest ( if I ever rolled over month to month) would be prime +14% and then the bank still can not make money- I get concerned. "
The blogs and comments posted on Investor Uprising do not reflect the views of Investor Uprising, PRNewswire, or its sponsors. Investor Uprising, PRNewswire, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
Forget about business growth as long as the future of tax rates remains unclear, regulation continues to expand in unpredictable ways, and legislation keeps creating increasingly onerous burdens.
To save this item to your list of favorite Investor Uprising content so you can find it later in your Profile page, click the "Save It" button next to the item.
If you found this interesting or useful, please use the links to the services below to share it with other readers. You will need a free account with each service to share an item via that service.
Tweet This