• JohnDClay
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    2 days ago

    What happened in 2002? Was that from the war on terror?

        • idegenszavak
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          2 days ago

          Unlike wealth, losses usually trickle down. When companies go bankrupt their employees loose their jobs. Millionaires actually love recessions, Jack Welch said:

          Never miss out on an opportunity like a good recession.

          The 2002 recession was not as global and universal as later ones. The dot com bubble mostly affected tech companies, and the internet was not as common as nowadays. I asked my parents once how they felt that recession, when I first read about it later, I was in school in 2002. They said they didnt even know there was a recession that time, in eastern europe it wasnt noticably worse than the chaos of the 90s

          There is a simpsons episode about the bubble, s13e18, aired in 2002:

          https://en.m.wikipedia.org/wiki/I_Am_Furious_(Yellow)

      • buddascrayon@lemmy.world
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        1 day ago

        Didn’t that pay off so well. How many American soldiers were killed, injured, or traumatized? How many innocent Afghani and Iraqi civilians were murdered? And for what? ISIS and the Taliban now have complete control over that entire region.

        And to the people saying how much better Bush was than Trump as well as the dumb as fuck democrats embracing that fucking war criminal Cheney, I say you all need to get your god damned head examined. Trump’s election denialism was born out of the Brooks Bros riot in Florida during the 2000 election and Trump is absolutely hoping for some terrorists to kill Americans so he can declare martial law and suspend elections in order to remain president indefinitely. Bush and Cheney lead to this. This was every republican’s goal.

        • danc4498@lemmy.world
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          1 day ago

          Worth remembering that Trump didn’t recreate the Republican Party, he just embraced the manipulative aspects of republicans and made that his entire thing. Would I rather have Bush or Trump? It’s honestly a tough one. I could see Trump killing our democracy. Maybe that’s worse than the Iraq and Afghanistan war war.