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Politics : PRESIDENT GEORGE W. BUSH
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To: tejek who wrote (433360)7/25/2003 11:27:12 AM
From: Neocon  Read Replies (4) of 769667
 
You apparently know little about economics, less about foreign affairs. The recession was a direct result of the bursting of the high tech bubble in the stock market, as well as too much consumer borrowing during the Clinton "boom". It had nothing to do with Bush. The recession did not last long, nor was it particularly deep, which means that the economy improved under Bush, for whatever reason, just as it did under Roosevelt. However, as with Roosevelt, there remained a problem with employment, though it was much worse in the '30s...........
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