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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (123062)1/22/2001 1:07:04 PM
From: Zoltan!  Read Replies (1) of 769670
 
Well, it certainly looks like Clinton delivered a recession. Three monthly drops in leading indicators means recession is here:

January 22, 2001


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Drop in U.S. Leading Indicators Index
Signals Continued Economic Weakness

A WSJ.COM News Roundup

NEW YORK -- A key gauge of economic activity fell 0.6% in December, signaling continued weakness in the U.S. economy.

The Conference Board Monday that said its index of leading economic indicators fell to 108.3 last month after drops of 0.4% each in October and November.

Economists surveyed by Thomson Global Markets expected the index to drop by 0.4% in December.

Three consecutive declines in the index traditionally has been seen by analysts as a signal that the U.S. economy is headed into recession....
interactive.wsj.com

Thank goodness Bush had his prescient tax rate cut plan to take us out of The Great Clinton/Gore Bear Market and the Clinton/Gore Recession.
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