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[-] kibiz0r@midwest.social 18 points 1 day 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.

[-] LeninOnAPrayer@lemm.ee 3 points 15 hours ago

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.

[-] Serinus@lemmy.world 11 points 1 day ago

Heh, you can't primarily blame Clinton for the thing that W had 8 years to fix. Have you watched The Big Short?

[-] FearfulSalad@ttrpg.network 7 points 1 day ago

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?

[-] Voroxpete@sh.itjust.works 2 points 17 hours ago

Yes... The AI bubble. Which is definitely still a thing. Definitely.

  • tugs nervously at collar *
this post was submitted on 07 May 2025
1016 points (100.0% liked)

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