this post was submitted on 07 May 2025
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Political Memes

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[–] kibiz0r@midwest.social 16 points 14 hours ago (3 children)

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 51 minutes 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 12 points 14 hours 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 6 points 14 hours ago (1 children)

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 3 hours ago

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

  • tugs nervously at collar *