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


To: Zoltan! who wrote (131575)3/13/2001 12:27:19 PM
From: Nadine Carroll  Read Replies (3) | Respond to of 769670
 
The Nasdaq is not the economy. The economic slowdown, as measured by consumer confidence, manufacturing orders and unemployment, started in November 2000. We don't know yet if we're even in a recession, we haven't had even one quarter of negative GDP, which is the official measurement.

Your FDR comparison is waaay off the mark -- the economy had been in a depression for three years when he took office in March 1933.