More views of the Clinton economic legacy..from the left and the right..

 I'd suggest that CNN should just put them out for public dialog and discussion; this constant pandering of the Dems and their associates, the MSM of "Sure. Well, you know, Bill Clinton is and rightfully credited with being the president who resided over the longest economic expansion in American history.." bla bla bla - what a white wash.

From the left:

Dean Baker, CEPR (loved by the mainstream media - notably PBS and the LA Times):

 March 16, 2000 - "The main feature of the 'new economy' is a stock market bubble of unprecedented magnitude. When the bubble bursts, the new economy will just be a bad memory....  What are you going to tell people who lose much of their retirement savings in their 401K when there's a downturn?"

March, 2001 - "the nation's political leaders chose to ignore the stock market bubble" -- and "as a result, millions of families have seen their dreams of a secure retirement or their children's college education vanish.,, As a result, millions of families have seen their dreams of a secure retirement or their children's college education vanish with the stock market bubble. The level of negligence of the nation's political leaders in ignoring the stock bubble exceeds anything since the days of Herbert Hoover."

For another good read from Baker; one that the MSM kept from the Democrat voters, see: Bursting Bubbles

Funny  - I didn't hear any of that at the convention!

More from the left (this one is current):

The Legacy of the Clinton Bubble, By Timothy A. Canova. Oh, once again, we find that many of our current woes - as viewed from the liberal side of the isle - find their roots firmly planted in the Clinton administration. A few excerpts:

THE CONVENTIONAL wisdom has held that economic policy was a great success under Bill Clinton in the 1990s and a failure ever since. Hillary Clinton has made the comparison often, promising to end “the seven year detour” and “attack poverty by making the economy work again.” In January, in response to the president’s State of the Union Address, Barack Obama stated that it was “George Bush’s Washington that let the banks and financial institutions run amok and take our economy down this dangerous road.”

Perhaps this reading of history makes for good politics in an election year, and it is certainly better for the Clintons than for anyone else. The only problem is that the story line is flawed. One could even say that it’s a bit of a fairy tale.

[..]

The trade deficit increased most dramatically at the end of the Clinton years. In 1999, the U.S. merchandise trade deficit surpassed $338 billion, a 53 percent increase from $220 billion in 1998

[..]

Predatory lending was not an invention of the Bush administration. High-interest payday loans and subprime mortgages took off under Clinton. The morals of the marketplace were once again, “Buyer beware.” Many loans, tellingly referred to as “teaser loans,” were structured so that the monthly mortgage payments would start off low and rise significantly in the future, even while the overall loan amount—the outstanding principal—would also rise. The borrower would end up worse off several years into the mortgage than when the loan began.

But none of this was considered overly problematic by the Clinton White House.

[..] -- and my favorite...

Chickens Come Home to Roost - HISTORY SHOULD deal harshly with Bill Clinton

And.. from the right:

May, 2007 - Bush's Real Record On The Economy

Bizarrely, polls show that many people think the economy has fallen into a recession. Or that we never left the slump that began in March 2001, a bare month and a half after Bush entered office, and that ended in November of the same year.

Last summer, a national poll taken by American Research Group showed 38% of Americans thought the economy was in a recession. By last month that had fallen to 28%, but it's still a big share. Of course, we weren't in a recession. Nor is it the case, as also has been asserted, that "things got worse" under Bush.

What factually is true is Bush faced the greatest economic challenge of any incoming president since President Reagan. Like Reagan, Bush met the challenge — something for which the media and his foes refuse to give him credit.
It's hard to overemphasize how nasty things were. But the media were too busy penning loving tributes to President Clinton to note that the economy was falling apart as he left office. ..

..which includes this tremendously revealing graphic:

The Greatest Destruction of Wealth in U.S History

Now, as we reflect back on the views of the left and the right, and comtemplate Tom Blumer's presentation of the more of the good economic news that the MSM just happened to forget to inform the voters of today, we are reminded of one sad fact: the MSM is completely managing to keep the news and views the  voters deserve, censored from the voters. Every aspect of the MSM's presentation is focused on simply putting and keeping Democrats in power.