Klinton's tenure was pretty good, economically. Of course, he had the benefit of the Gingrich Revolution that put this nation on the right track in 1995 and Klinton rode that to the end of his term(s). He was politically savvy enough (and he is a great politician) to see the writing on the wall, move to the right, and allow this great nation to thrive. There was the Dot.com bust which started in 1999, I think...and really hit hard in 2000. That wasn't Klinton's fault, and it did adversely affect the economy. GWB did inherit a slightly down economy due to the Dot.com bust and some of fallout that resulted from that. It was nobody's fault ('cept the morons who invested in worthless Dot.coms) really. Certainly wasn't Klinton's fault, those things happen independent of what POTUS can do.
Then in January, 2001 the "Bush tax cuts" went into effect and the economy responded. Then nine months later, this nation suffered a horrible tragedy that wrecked the airline industry (it has NEVER recovered back to pre 9/11 levels), and affected the whole tourism industry (Louisiana's #1 industry). Then in 2003 this nation entered into two foreign wars. This shifted resources and had an adverse affect on the economy, except for short term positives for the defense industry which saw boosts.
But....through it all, the economy was fine. It was VERY, VERY good in 2006, especially when you compare it to the last 4 years. Unemployment in 2006 was 5.9% and the national deficit was $160 billion, high by the standards up to that point, but nowhere near what it is today.
In 2002 Maxine Waters, Barney Frank (congrats on his recent marriage to his dude friend
), Chris Dodd, Chuck Schumer, and other democraps led a congressional effort to make buying houses possible for everyone, and I mean EVERYone! Bush gave a speech where he paid lip service to the plan. But it didn't get legs until 2004 when that same bunch, now joined by Senator barry obummer, made threats against banks and ordered fannie and freddie to support banks as they made sub-prime loans. Senator John McCain gave a speech on the floor of the Senate warning congress, and now the banks, were building a house of cards. McCain repeated that speech in 2005 when he again, now citing data showing defaults were occurring across the country, warned against this practice. McCain was called a racist.
In summary, obummer blames Bush, specifically his tax cuts (2001) and the wars (2003) for today's economic woes. Yet we see the economy was fine, even great all the way through 2006 and really 07 and early 08 weren't too bad either. Must not have been tax cuts or the wars. Must have been the democrapic plan that led to the housing bust, and must be the worst presidency in history, that has "got us where we are."
The worst unemployment rate under Bush rose to 7.9% in 2008. obummer's best has been 8.2%, or really 10.9% when you use the real numbers.
Just the facts.