How can anybody have even a little bit of respect for our political process

[HappySqurriel]

rocketpig said:

The Ghost of RubangB said:
But unemployment went down for 8 years in a row under Clinton. Democrats always handle the economy better. When people are afraid of losing their jobs, they vote for Democrats. When people are afraid of losing their lives or their wars, they vote for Republicans.

I get really tired of hearing this. Clinton had the luxury of being president during the tech boom. He had nothing to do with it. Right place, right time. Any president would have looked good during that period.

Before the tech boom, Clinton's economy was hardly the envy of the world.

With that said, I like ol' Billy. He got a blowjob in the Oval Office. He makes me laugh.

 

On top of this, Clinton changed a lot of regulations surrounding mortgage financing in order to increase home ownership ... The results of these changes was home-equity lines-of-credit and the housing bubble. The overall effect was (effectively) like giving the US ecconomy a $10 Trillion credit card, and people started taking out more and more money (producing false wealth and productivity).

People generally feel wealthy while they slowly increase their debt load, and they generally feel very poor when they've maxed out their credit cards and the collectors start knocking at their doors.