Due to the industry I’m in I did pretty good under Bush jr. Bush jr.’s biggest problem with the economy was what gave Clinton a great economy during his 2 terms. Firstly, Clinton had the luck to have an entirely new industry begin to grow during his first term. That industry was the Internet. The growth of the internet created wealth overnight thus giving Clinton a great economy to run on for re-election. Then during Bill’s second term a little thing popped up called Y2K. That was the glitch in almost every computer system in America that required them all to be replaced or at the least updated. All of this Y2K updating had to be completed by New Years of 2000 or we were going to have a nuclear holocaust (obviously that was a stretch). Regardless, with all of the tech systems replaced globally, there wasn’t much of a market for tech vendors for quite a while. So there went the Nasdaq. Bush jr. walked into office at the beginning of a tech sector recession. The economy didn’t stand a chance no matter who would have been in office at that time. While at the same time, even Howdy Doody could have had a great economy during the Clinton terms. Sometimes it’s more of a matter of when you are rather than who you are.
