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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: flatsville who wrote (66253)2/9/2001 11:12:33 AM
From: Les H  Read Replies (2) of 436258
 
espcially since the first two years of his first term was racked by the recession resulting from the 70's excesses. the employment growth is considerably higher when one takes into account when his administration's first budget was in effect in 1982. as with most recessions-expansions, it's more a matter of timing rather than who's at the 'helm'. Clinton had the fortune of coming in after he badmouthed the economy which was expanding at 5-7% in the latter part of 1992. Clinton also benefitted from not having the drag on the federal budget of the last of the annual $ 75 B RTC fundings.
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