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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (360695)11/29/2007 6:13:08 PM
From: TimF  Read Replies (1) of 1571832
 
Clinton became president during the early stages of a recovery. Unless he f'ed things up the rate was going to go down. The recovery had already started by the time Clinton was elected.

Is the next president going to inherit a mess, Tim?

Depends on how you define a mess. Certainly nothing like what Reagan inherited. Not really any unusual mess at all, nothing outside the normal economic cycle, but its possible that the next president will have to deal with a recession at the beginning of his term. (Just like GW did.)

As for any striking contrasts, I think you greatly exaggerate it, but striking or not, doesn't change the point I already made - "since growth in manufacturing productivity is a good thing, and is the main reason for a decrease in manufacturing employment, a faster decrease under some presidents than others, is hardly a clear negative mark against them"
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