Students most nostalgic for Bill Clinton/Reagan

College Confidential Community
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<p>Okay: </p>

<p><a href="http://www.socketsite.com/archives/New%20York%20Times%20Housing%20Chart.gif%5B/url%5D"&gt;http://www.socketsite.com/archives/New%20York%20Times%20Housing%20Chart.gif&lt;/a&gt;&lt;/p>

<p>Better image: <a href="http://en.wikipedia.org/wiki/Image:Barrons_BubblesNewHome.png%5B/url%5D"&gt;http://en.wikipedia.org/wiki/Image:Barrons_BubblesNewHome.png&lt;/a&gt;&lt;/p>

<p>Where is the 90s housing boom again? I have a feeling you are mixing up the decades (or your sources are).</p>

<p>Yes the dollar was strong in the 90s. But you do realize that the reason why the dollar is now lower is mostly due to the deficit than anything else. The dollar bear market began in 2002. The current government actually ACTIVELY participates in a strong dollar policy. (<a href="http://go.reuters.com/newsArticle.jhtml?type=politicsNews&storyID=13429060&src=rss/politicsNews)%5B/url%5D"&gt;http://go.reuters.com/newsArticle.jhtml?type=politicsNews&storyID=13429060&src=rss/politicsNews)&lt;/a> The recent decline in value is actually considered to be rather conservative by most estimates as many people had/and continue to believe that the dollar as to slide further. Your can't simply say that the dollar was stronger and not give the fundamental case for why IT SHOULD have been stronger (which was indeed the case).</p>

<p>I love how that exerpt basically blames Clinton era economics for the current deficit problem which is far from the case.</p>