LCACM

The Bush Legacy Market Returns

President Clinton initiated NAFTA and since then we have had a slippery US market, constantly sliding into recessions. So he is equally to blame for the current crisis, as he helped create the huge trade deficit that has made lower interest rates useless as far as igniting the economy is concerned. When a tire has a leak, all attempts to inflate the tire will fail until the leak is fixed. President Clinton had partly fixed the Budget leak(deficit) but he made a new leak (deficit) by introducing NAFT., Some of the President Clinton's administration officials who created the leak by supporting NAFTA are now in power, so it is unlikely that the leak can be fixed.