Quote (Santara @ Oct 16 2020 10:11am)
Bush 41's term ended with a concluded Cold War. Completely understandable as the economy shifts.
Clinton's economy also ended in the dot com bubble bursting.
Bush 43's crash was born in 1913 and encouraged by liberal housing policies.
Obama's recovery was the weakest post-crash recovery in American history, and should have been huge, considering how sharp it was.
The economic catastrophe now has nothing to do with the president.
People need to ask themselves what are the signs of a good economy. Is it GDP? Is it unemployment figures? Is it quality of life? Is it the stock market? A means to satisfy the needs and demands of the people?
The GOP's idea of a strong economy is almost exclusively related to how well the stock market is doing.
What used to set America apart from the rest of the world was an expansive middle class. Also, ease of upward mobility. The ability to find 1 job that pays a living wage, sustaining a family.
Those concepts haven't been around since the 90's. We have an evaporating middle class and it's almost unheard for an upper middle class family to have a single income earner.