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Re: A really great essay by Keith Cowing



"Jorge R. Frank" <[EMAIL PROTECTED]> wrote in
news:[EMAIL PROTECTED]: 

> 
> It's far from clear how much credit Clinton deserves for the 90's
> economic boom. It was mostly driven by the dot.coms, which Clinton had
> little to do with other than having the good sense to stay out of the
> way. Clinton's main contribution to the boom was freer trade (NAFTA,
> GATT), but you wouldn't know it by listening to the current Democratic
> candidates, who are practically climbing over each other to distance
> themselves from it. 
> 

Furthermore, if Clinton gets some credit for the 90's boom, then he also 
gets to take responsibility for the "booming" of companies like Worldcom, 
Enron, Tyco, Xerox, etc., whose success was marked more by criminal 
accounting practices and kleptocracy than anything else.

-- 
Reed



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