miss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 5 days agoHistory Shmistorylemmy.dbzer0.comimagemessage-square83linkfedilinkarrow-up11.19Karrow-down17
arrow-up11.19Karrow-down1imageHistory Shmistorylemmy.dbzer0.commiss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 5 days agomessage-square83linkfedilink
minus-squarekibiz0r@midwest.sociallinkfedilinkEnglisharrow-up20arrow-down1·5 days ago The one exception occurred in the late 1990s and early 2000s, when the dot-com and housing bubbles fueled a consumption binge that delayed the harmful effects of the Clinton surpluses until the Great Recession of 2007-09.
minus-squareSerinus@lemmy.worldlinkfedilinkarrow-up15·5 days agoHeh, you can’t primarily blame Clinton for the thing that W had 8 years to fix. Have you watched The Big Short?
minus-squareFearfulSalad@ttrpg.networklinkfedilinkarrow-up8·5 days agoOh, no problem then! The AI bubble will carry us through far enough until it all comes crashing down in… I want to say 2027?
minus-squareVoroxpete@sh.itjust.workslinkfedilinkarrow-up4·4 days agoYes… The AI bubble. Which is definitely still a thing. Definitely. tugs nervously at collar *
minus-squareLeninOnAPrayer@lemm.eelinkfedilinkEnglisharrow-up4arrow-down1·4 days agoI’d say this is basically just the result of neoliberalism, something Clinton contributed to, but not Clinton alone. It was very much a bipartisan economic policy that started from Carter, put on overdrive with Reagan, and continued into our economic policies today.
Heh, you can’t primarily blame Clinton for the thing that W had 8 years to fix. Have you watched The Big Short?
Oh, no problem then! The AI bubble will carry us through far enough until it all comes crashing down in… I want to say 2027?
Yes… The AI bubble. Which is definitely still a thing. Definitely.
I’d say this is basically just the result of neoliberalism, something Clinton contributed to, but not Clinton alone.
It was very much a bipartisan economic policy that started from Carter, put on overdrive with Reagan, and continued into our economic policies today.