in half

That's how he balanced the budget

not to mention a prospering economy

under the dotcom bubble

Yes

where interest rates

were

35%

if i wanted free healthcare id go to canada

35%

So he did pretty damn good then

Better than I thought

Impressive

Now interest rates are low

Like 3%

He did that with high interest rates

Imagine if someone did the same with today’s interest rates

low interest rates

Yes

meant easily to buy

simple as

when interest rates were tha thigh

ppl stopped investing

and the bubble

bursted

Spending decreased

Yeah

Recessions and depressions are unavoidable

@LOL how old are you?

But, they over time aren’t as bad

The 2009 recession was bad

But you gotta get one bad one for ever century

Pfp and username looks like a 13 year olds

But you know a lot

And the 2009 one was not as bad as the Great Depression or long depression

Think of recessions as like a reset or a pause

Like with some medical things, it’s not curable, but over time better treatable with less affects

Actually the dip was greater in 2009

No

3rd longest lasting tho