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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (131966)2/8/2001 11:46:04 AM
From: Scumbria  Read Replies (1) of 1570717
 
Tim,

No sign of the economy being on the edge of collapse in 1992. The economy grew every quarter. The economy was coming out of a recession that it occurred in 1990

The recovery was living on borrowed time. Greenspan made it quite clear that interest rates were going up unless something was done about the deficit.

The bill passed by a single vote (Al Gore's), AG immediately relaxed interest rates, and the recovery made it past it's infancy.

Scumbria
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