PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Thomas A Watson who wrote (421528)	7/1/2003 7:59:51 PM
From: Kevin Rose	Read Replies (1) of 769670

Well, that's a narrow look at the FACTS. FACT: The last time the US GDP was under 0% - Bush 91 (-0.5%) FACT The time before that - Reagan 82 (-2.0%) FACT The time before that - Reagan 80 (-.2%) FACT The time before THAT - Ford 75 (-.4%) FACT The time before THAT - Ford/Nixon 74 (-.7%) FACT This when the 30 year average is +2.9%. The leanest years have all come during - yes - Republican administrations. None during Carter, none during Clinton. Solution to recession seems pretty simple, doesn't it? More FACTS Chart the GDP in the Reagan/Bush years. Start off slow, then takes a big jump (coincidentally accompanied by a huge jump in deficits - anyone can jump GDP by burning money on $10,000 toilet sets and $5,000 wrenches). Then, after '84, takes a long leap off a 8 year pier.... Yup, that's the Reagan legacy for you. Huge deficits and inevitable recession. But wait! At least we all were introduced to Government by Astrology!

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