praire dog - 1/20/2016 19:16
When Clinton was pres and oil was in the teens the economy boomed why not now is my question ? Were the prices of goods and services rising while oil went down and now goods are lowering with oil ? I would think low oil should make industry jump into high gear!
SOOOO many things different now from when Clinton was president. A few of the top of my head.
1. The tech boom
2. Massive gov't debt compared to relatively little debt of 20 years ago. Just think how much more of our tax dollars go to pay interest on the debt instead of buying things like roads and bridges. About 1 of 5 tax dollars pays for interest on the debt and interest rates are near zero.
3. The switch to a world-wide/interconnected economy
4. Crazy terrorist everywhere
5. People are fat lazy and living off the govt
6. Crushing healthcare cost
7. A tax climate that penalizes innovation
8. Obama |