Why Clinton, Obama Are Wrong on the Economy

First things first: It’s unclear whether Bill Clinton has any special insight about dealing with recession and its aftermath. He inherited a nearly two-year-old recovery from his predecessor, George Bush. (In fact, U.S. GDP grew by 3.4% in 1992 vs. 2.9% in Clinton’s first year in office.) Clinton did, however, bequeath a recession to his successor, George W. Bush, after the Internet bubble popped. So there’s that.

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