The last 10 years have been traumatic period for America and the world. It is time to take stoc of the reasons which have caused these problems. No matter how the partisan crowd wings it the fact that the seed of many problems we face today were sowed during the Clinton Administration. To cite a few examples,
Al Qaeda had attacked USA three times during the Clinton Administration, and Clinton’s only response was to throw a few cruise missiles on Taliban. Also most of 9/11 attack preparation was done during Clinton’s time. The Clinton administration was sleeping.
Further the seed of the current financial crisis were also sowed during the Clinton including the repeal of Glass-Steagall Act which had separated commercial & investment banking and was proven effective for decades. Further the Commodity Futures Modernization Act signed by Bill Clinton had exempted all derivatives, including the credit-default swaps, from federal regulation.
Bottom Line is that Bill Clinton’s Presidency was a disaster for America.