Remember Clinton's 1993 Stimulus Bill
Republicans stopped a $16.2 billion stimulus package by Bill Clinton in 1993 (From the Chicago Tribune). The Stimulus package was claimed to be necessary to fix the "worst economy" in 50 years. Compare that to now when supposedly we have another economy that is the "worst," this time the worst ever.
The $16 billion bill was too large in 1993, but $825 billion is OK in 2009? Possibly Clinton didn't ask for enough money.
The $16 billion bill was too large in 1993, but $825 billion is OK in 2009? Possibly Clinton didn't ask for enough money.
Labels: Economy
posted by John Lott at 8:36 AM
1 Comments:
You make a good point, and the best part about it is that Bill Clinton's administration along with the Republican Congress gave the American people a pretty good economic era WITHOUT that stimulus plan.
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