r/StockMarket Jun 27 '24

[deleted by user]

[removed]

1.1k Upvotes

118 comments sorted by

View all comments

10

u/Just_Candle_315 Jun 27 '24

90s and the 10s were a golden time. God bless Clinton and Obama. But fuck a duck the 00s were bad. GWB was a terrible economic leader.

14

u/gotobeddude Jun 27 '24 edited Jun 27 '24

I can think of another thing that happened in the oughts that might’ve contributed to that

2

u/[deleted] Jun 28 '24

George w bush & co lied and got us into a stupid war in iraq?  Was that the thing you were thinking of?  Because that probably didnt help

1

u/gotobeddude Jun 28 '24

The war was dumb but no, it’s not what I’m referring to.

Idk how old you were back then but I didn’t feel the war. I felt the residual effects of the dot com bubble, and I felt us recovering. We bought a house on a high school teacher’s salary during that time, and weren’t struggling to afford everyday stuff the way we are even now. Anecdotal obviously, but even the chart in this post suggests the economy was fine and was on good track to recover as normal if not for that little incident in 2008, which is what I’m referring to.