Do you give any credit to Bush senior for the budget surplus?

Do you give any credit to Bush senior for the budget surplus?
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1 Answer

Answer :

During the campaign when Clinton was first running for office, during one of the debates Bush I was asked what he was going to do about the economy. He stated that he wasn’t going to do anything about it because there was nothing wrong with it. His meaning was that the economy was cyclic and that it was turning up and that he knew doing nothing was the right thing…but that’s not what he said. Clinton on the other hand, during the debate, talked repeatedly about “his plan” for the economy. “My Plan” will do this and “My Plan” will do that…throughout. But never once did he actually state what “his plan” was. He gave zero details. And in the end, he did absolutely nothing and rode the wave. I have asked people before to name one thing he actually did to help the economy there is really nothing. His economic contributions were minimal. The only thing he really did was to sign NAFTA into being. And that is another debate as to whether that was a good thing or not. But it certainly did nothing of significance to the economy at the time. But in full answer to the question, I feel neither Bush I nor Clinton did anything for the economy.
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