Reply #4: Yes....YES [View All]

[cally]

Clinton reduced the deficit which decreased long term interest rates. That allows more investment, increases productivity, and increases jobs. He also changed government investment and tax policy to favor technology. Some of the technology boom during his terms is because of that. Bush immediately started favoring the old time industries like oil and older financial industries which don't generate as much job growth. Clinton helped small start up firms wiht tax breaks and also favored minority small industries. All create jobs more than the old time, monied, stale industries. Clinton was helped because of the technology boom during his years in the Presidency, but he did much to encourage that boom and to re-direct Federal monies to new businesses.