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

To: rich4eagle who wrote (282322)	8/1/2002 12:09:33 AM
From: DavesM	Read Replies (3) \| Respond to of 769670

re:"it was very obvious that the explosion of the internet bubble would cause a recession. The key question is what has this Administration done to correct things. " Rich, While I don't know whether or not we will do a double dip and fall into recession again, new government data show a that the recession of 2000 was 3 quarters long. This same data also indicates that the recession was the mildest since 1955. It is for this reason that I believe that the Government took the correct actions regarding the recession. I also think that it is also not a fluke that the recovery started shortly after taxpayers started getting their $300 or $600 tax rebate checks. And I also believe that the economy was helped, when the accelerated depreciation schedule was passed in March (despite the economic shocks that resulted from 9-11).