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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: PartyTime who started this subject	2/20/2004 12:38:59 AM
From: Doug R	of 173976

Let's all chip in and give Scott McClellan a copy of the 2004 Economic Report of the President! Press Briefing by Scott McClellan: Q But you have said that you inherited a recession. What it would appear is that you inherited slower growth, but not a recession. MR. McCLELLAN: No, as I said, that any way you want to look at it, the economy was weakening, the economy was declining well before the President took office, and that is the reason we were headed into a recession. This President acted to get us out of a recession. But the facts are pretty clear. There is no question that the economy was weakening well before the President took office. GDP peaked in the fourth quarter of 2000... Q: I just want to be clear on one thing, though. I'm sorry for monopolizing your time here, but when you say, GDP peaked in the fourth quarter of 2000, that's your declaration, no one else's, correct? MR. McCLELLAN: Again, I can get you all the sources for all this information. It's well-known. But if you turn to page 31 of the 2004 Economic Report of the President, it is there written that "monthly GDP reached a high point in February 2001." j-bradford-delong.net

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