PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: ThirdEye who wrote (542193)	2/18/2004 7:33:54 PM
From: AK2004	Read Replies (1) of 769670

you got 3 eyes and still blind like a bat <gggg> 1st about your prior note about effect on economy of fed res vs president. Don't tell me, you derive your wisdom from a single intro course in economics that you took half asleep <ggggg> President does not set borrowing rate but in no way that is the same as to say that president's actions do not affect economy. re: Reagan for the boom of the 90's and blames Clinton for the recession that followed. boom started in the mid 80s at sustainable rate (look it up). re: I'm not sure what his explanation for the recession under Bush I is. Carter? boom continued at the same rate during Bush with a relatively mild recession. During Clinton administration the growth rate went out of control and that always leads severe recessions. First signs of slow down were clearly visible toward the end of Clinton administration. finance.yahoo.com^DJA&t=my&l=on&z=m&q=l&c= now lets use dja as proxy; growth starting somewhere between 1982 and 1983 which continued at even pace with mild recessions. Somewhere around 95 growth rate accelerated and became unsustainable The slowdown started at around 98-99

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