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Certainly the policies of the government in place can have an effect but for the most part that effect is not felt immediately and many times it can be years and years before any policy change ripples down to cause any type of drastic change in the economy.

Suggesting that Clinton was responsible for the takeoff of internet companies in 2000 and the housing boom is silly. He was a major beneficiary of a great economic time.




Not Clinton, but you could make a case that Gore was responsible. There is a lot of noise laughing at him for supposedly saying he created the Internet, but he did co-sponsor an important bill in 1988, and was honored with a Webby Award in 2005 for contributions to the Internet.

http://www.snopes.com/quotes/internet.asp


He didn't invent the internet but he did open it for business. Until that bill the internet was effectively a research only tool.


But suggesting that Bush's tax policy didn't have anything to do with the subsequent massive drop in federal revenues is not silly.




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