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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (485849)11/3/2003 2:03:17 PM
From: JakeStraw  Read Replies (2) of 769670
 
"In fact, the economy was on an upward path, after a very mild recession, 18 months prior to Bill Clinton's election. Siewert should consult Clinton's Office of Management and Budget (OMB) and its June 1999 mid-session review, in which it conceded that the "economic expansion…began in April 1991."

Or he could go to the National Bureau of Economic Research (NBER), the most respected monitor of the business cycle, which flatly reports that the eight-month recession (wow! some Depression!) under President George Bush "ended in March 1991." According to an NBER spokeswoman, the "truth is that the seeds for the recovery were sown during the Bush era."
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