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Politics : Formerly About Advanced Micro Devices

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To: American Spirit who wrote (193765)7/9/2004 12:01:17 PM
From: Tenchusatsu  Read Replies (2) of 1573930
 
AS, The recession started in March, 2001. Bush had been in power for four months.

No, the recession started in January 2001, when Clinton was a lame dick ... er, duck. Even before that, the economy started to sputter. Things started to collapse under Clinton's watch, and neither he nor Bush could have done anything to prevent that.

By the way, the recession ended September 2001. In other words, this was the shortest recession possible under the technical definition of a recession (three quarters of negative GDP growth).

bea.doc.gov

You could say that Bush did pretty well given the mess Clinton handed him. What's Gray Davis the 2nd going to do? Bring back the recession, then blame that on Bush?

Tenchusatsu
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