Item description for The Clinton Economic Boom by B. A. Marbue Brown...
Overview Bill Clinton often gets credit for being the architect of the longest economic expansion in U.S. history and for being the catalyst for 22+ million jobs that were created during his tenure. Based on this reputation, the conventional wisdom is that the U.S. can regain the prosperity of the Clinton era by electing a president with similar political values, who will advance similar policies. B. A. Marbue Brown challenges the conventional wisdom by presenting a factbased analysis, which shows that five factors combined to create an economic perfect storm during the Clinton years, and that the President had little if any influence over those factors. He also shows that several popular beliefs about the administration's economic record are founded on myths. Then leveraging lessons learned from his analysis, he adds prescriptions that policymakers can use to drive economic growth in more typical circumstances. Almost 300 citations back up his conclusions.
Publishers Description Bill Clinton often gets credit for being the architect of the longest economic expansion in U.S. history and for being the catalyst for 22+ million jobs that were created during his tenure. Based on this reputation, the conventional wisdom is that the U.S. can regain the prosperity of the Clinton era by electing a president with similar political values, who will advance similar policies. B. A. Marbue Brown challenges the conventional wisdom by presenting a fact-based analysis, which shows that five factors combined to create an economic perfect storm during the Clinton years, and that the President had little if any influence over those factors. He also shows that several popular beliefs about the administration's economic record are founded on myths. Then leveraging lessons learned from his analysis, he adds prescriptions that policymakers can use to drive economic growth in more typical circumstances. Almost 300 citations back up his conclusions. B. A. Marbue Brown is a veteran of the Information Technology (IT) industry with more than 20 years experience. Over the course of his career, he has held senior positions with IT industry leaders Microsoft Corporation, Cisco Systems and Telcordia Technologies. Mr. Brown is an accomplished market research expert, whose work has been published in The Handbook of Business Strategy and Marketing Research Magazine. He has consulted extensively in the Communications industry, particularly with Fortune 100 telecommunications companies. He specializes in analyzing IT market and technology trends to formulate competitive business strategies. He is also highly regarded for helping companies improve business performance through advanced customer research analytics.
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Studio: Xulon Press
Est. Packaging Dimensions: Length: 5.51" Width: 8.5" Height: 0.48" Weight: 0.6 lbs.
Release Date Feb 1, 2010
Publisher Xulon Press
ISBN 1606472615 ISBN13 9781606472613
Availability 139 units. Availability accurate as of Oct 28, 2016 08:27.
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Reviews - What do customers think about The Clinton Economic Boom?
Debunking myths in the Clinton Economic Boom Aug 26, 2009
I just finished reading Marbue Brown's book, The Clinton Economic Boom, and I enjoyed it very much. Along the way I learned a tremendous amount. It is not a politically motivated piece. Mr. Brown presents a thesis and then in fine style sets about proving his points with solid reference work. I was motivated to read this book to learn more about the creation of jobs in the economy. I have come away understanding the fundamental principles in much better detail thanks to Marbue. His ability to dig down on the issues, while bringing the reader along, enables the voters to be a better electorate.
Cogent, enlightening and thoroughly researched Aug 21, 2009
In this book the author dispels the myth of Clintonomics--former president Clinton is often credited with creating an economic boom during his presidency and accomplishing feats such as balancing the budget and creating 22 million jobs, among others. Marbue's central thesis is that the Clinton administration had little to do with the factors that led to this boom. A confluence of factors such as the rise of the web, the Y2k bug, Telecom Act of 1996 (which Clinton passed but only on prodding from republicans), availability of cheap money etc. caused the stars to align in such a way that it really didn't matter who was president. The boom would have happened anyway and Clinton just got lucky! He argues his thesis so persuasively and backs it with numerous authoritavite references that it is almost impossible to refute.
Marbue's goal in writing the book is to educate the electorate at large so we can make better choices when electing our leaders, to help us understand what led to past successes so that our politicians can't fool us. I personally learned a lot about how the US economy and policy works from reading the book and will forever be distrustful of any democrat who says "Let's just go back to Clintonomics".
I had two lingering concerns while reading the book.
1. Isn't it the norm to hold presidents accountable for what happens on their watch, good or bad? If so, Clinton should be able to take credit for the economic boom. If a confluence of factors that Clinton had nothing to do with had led to a depression wouldn't we have blamed him?
2. Marbue's goal is a noble one but my initial feeling was that the level of detail is beyond the grasp (or interest) of the average voter. Politicians use sound bytes for a good reason: They work. Most people are too lazy to do the work necessary to be properly informed and might not be inclined to read the book. On second thought, books like Freakonomics, The World is Flat, Guns Germs and Steel and Outliers could be said to be in the same broad genre and have enjoyed some level of mainstream readership. I truly hope this book does too!
Separating opinions from fact Nov 10, 2008
This book provides an in-depth, well-researched look at the influencing factors behind the 'boom' years during the Clinton presidency in the 1990's. It makes a compelling case that economic conditions at the time combined to create a 'perfect storm' of prosperity, rather than any particular actions taken by the administration.
The factual, non-political nature of the book makes it a credible source of historical perspective. Perhaps the new Obama administration should read it to get some pointers . . .
Not What You Might Think Sep 21, 2008
Upon receiving this book I felt sure that it was just another partisan jab at the Clinton presidency. However, the book is very neutral in that it doesn't partake in any of the mudslinging and factual contorting that is often associated with writings about political figures. This book use several well documented and reliable sources to offer up the case that the economic boom during the Clinton presidency was not the direct workings of his policies. This seems absurd at first, even for many who were not fond of Clinton, but the evidence does lend some credibility to the notion. In a nutshell, that's exactly what this book is: a well-written and substantially based proposition that deserves closer inspection by anyone who lived through the illustruous economic explosion of the 1990s. It is also possible to extrapolate from this book the effects of certain policies and actions that have had a dramatic impact on the current economic crisis. One should not approach this book as another Clinton-bashing bananza, because he or she will be sorely disappointed. This is just an account of what really happened and why.
Just the Facts!!! Aug 19, 2008
What a timely book, coming out near the peak of the current election season! Dr. Martin Luther King, Jr. once said "Rarely do we find men who willingly engage in hard, solid thinking. There is an almost universal quest for easy answers and half-baked solutions. Nothing pains some people more than having to think."
"The Clinton Economic Boom, and Other Myths of the Clinton Presidency" is an easy to read book, by a thinker, for thinkers unwilling to settle for soundbites and the conventional wisdom, as they face key decisions that will affect the future of this great country.
This meticulously researched book, with nearly 300 references, is both an entertaining and educational read. Brown carefully, thorougly, and convincingly investigates and documents the primary contributory causes of the economic boom, balanced budget, and welfare reform that occurred during the Clinton years. Giving credit where credit is due, Brown's painstaking determination of where credit is due, or not, is based on solid data.
This book will be engaging to people of all political persuasions. Though the primary focus is on debunking myths, the book details several policy issues where Clinton was "Out in Front." The book also has a section, of particular interest to policy makers, on the lessons learned from the economic boom of the 90's.
I'm a better prepared citizen and voter, having read this book. You will be too.