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wSunday, June 22, 2003


I read Krugman's article on the bubble, and it makes me remember a WIRED article, which I'm looking for right now that was writing words that glowed like neon bulbs about Clinton's 8 years of prosperity. The interesting thing is, according to the article, there never was such a length of prosperity, never in history did America do so well, which leads one to think, maybe, that something that he was doing was right.

I don't think that it's just chance that our economy did the best in the history of the US while Clinton was in office and then proceeded to drop like a brick when we knew that we were stuck with Dubya. As it is, he's just been driving us into the dirt, and I think that the temporary bubble can't help but burst. It's funny, because the old article was asking such questions like, "What happens if we just never stop growing? Will we all end us rich?" though asking if everyone would have a job would have been a healthier question. Of course, the economy always drops at some point, but the drop we've experienced seems like someone dropped the ball.

posted by Weston at 11:15 AM



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