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Politics : PRESIDENT GEORGE W. BUSH
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To: rich4eagle who wrote (282272)7/31/2002 11:32:47 AM
From: DavesM  Read Replies (1) of 769670
 
Rich,

I just read that revised government GDP data, now shows that the economy contracted the first 3 quarters of 2001 (previously data showed only the 3rd quarter of 2001 being negative) - ending the debate, as to whether there really was a recession or not. New data also shows that it was the mildest recession since 1955. I guess this now means, that Bush really was handed an economy entering recession.
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