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

To: Jagfan who wrote (208902)	12/11/2001 9:48:43 PM
From: rich4eagle	Read Replies (1) \| Respond to of 769670

How about the Beirut bombing during Reagan's admin, I guess it is all Reagan's fault. Jerry, read the post I responded to blaming our economic woes on Daschle. I posted facts, now we can be rational here and recognize that both Democrats and Republicans share in the credit to both good and bad times or we can be one sided. If so, all the data is on my side. BTW 247 Marines were killed in Beirut. Also, we were warned Bin Laden while Bush was President that several major bombings would occur on 9/11, so why is this also Clinton's fault. You folks need to read the words rather than twist the words

To: Jagfan who wrote (208902)	12/11/2001 9:49:28 PM
From: Thomas A Watson	Respond to of 769670

As gao said the"Clinton-Levitt recession." #reply-16777718 John Shad, who headed the SEC under Ronald Reagan, exempted small firms from many regulations, making it easier for them to raise money. But the Clinton-era SEC hurt small businesses, which led to a weakened economy. For nearly 20 years it was the boom that couldn't end. Although Bill Clinton loved to take the credit, the prosperity of the 1980s was part of "one continuous boom since the early 1980s," says Brian Wesbury, chief economist at the brokerage firm of Griffin, Kubik, Stephens & Thompson in Chicago. From 1982 to 2000, save only for two quarters in the early 1990s, the United States experienced such economic growth and prosperity as she never before had seen. Almost 35 million new jobs were created. The Dow Jones industrial average rose thirteenfold, dramatically increasing the wealth of middle-Americans invested in 401(k) plans and mutual funds. Then suddenly, a few months before George W. Bush took office, it all seemed to come to an end. What happened? Conventional wisdom has it that much of the growth was a bubble in which Internet and technology stocks were bid out of sight by speculative mania. But some observers notice that something else was going on at the time the markets started to fall: The Clinton Securities and Exchange Commission (SEC), led by Chairman Arthur Levitt, was busy dismantling reforms from the Reagan administration that had made it easier for small businesses to raise money from the stock market. tom watson tosiwmee