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Politics : PRESIDENT GEORGE W. BUSH
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To: Steve Dietrich who wrote (587481)7/5/2004 8:45:11 AM
From: Neocon  Read Replies (1) of 769670
 
I think a correction was inevitable, but the severity of it was exacerbated by factors making the bubble larger than it might have been, and therefore making the bust more of shock to the economy. One factor, I think, was the excessive expectations encouraged by the Clinton Administration.
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