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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Neocon who wrote (130045)3/2/2001 12:14:31 PM
From: Zoltan!  Read Replies (1) | Respond to of 769667
 
I agree with Friedman.

But we're talking political blame. Hoover made it worse, as did Clinton.



To: Neocon who wrote (130045)3/2/2001 12:24:25 PM
From: Zoltan!  Read Replies (1) | Respond to of 769667
 
According to the Federal Reserve Bank of SF, the 1990-91 recession lasted 8 months:
frbsf.org

And here's the expansion that started more than two years before Clinton did anything policy-wise, in March 1991:
frbsf.org

More:

Thank you Ron:

...The experience of the U.S. during the last twenty years has been quite remarkable. The long economic expansion of the 1980s was followed by a relatively short recession in 1990-91, and the economy has been expanding ever since. The U.S. has experienced only 8 months of recession in the last 16 years....http://www.frbsf.org/econrsrch/wklyltr/wklyltr99/el99-16.html#subhead1