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Dear EJ Dionne

30th June 2000

Did Clinton fail? It depends how you define success. We need to consider him as a president, as a party man, as a world leader, and as a figure whom we hoped would rebuild confidence in the enterprise of democratic government.

The US economy certainly boomed during his presidency. For this, Clinton shares credit with Alan Greenspan, and with fortunate timing. Thanks to information technology and the disinflation of the 1990s, these were likely to be good years. Clinton had the wit to strike a deal with Greenspan and the markets: a…

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