Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SecularBull who wrote (369717)	3/11/2003 3:31:46 PM
From: Kenneth E. Phillipps	Respond to of 769670

You mean you don't blame Clinton for the 91 recession?

To: SecularBull who wrote (369717)	3/11/2003 3:39:14 PM
From: Steve Dietrich	Read Replies (1) \| Respond to of 769670

So how do you explain the fact that the '91 recession was 3 times more severe than the 2000 recession? How do you explain the fact that Clinton left Bush with low unemployment, low interest rates, low inflation, and a balanced budget (according to the CBO)? Reagan left the first Bush with a much more screwed up economy than Clinton left this Bush. Steve

To: SecularBull who wrote (369717)	3/11/2003 3:50:22 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

Funny!!!! The '91 recession was a breather from the major economic progress made during the Reagan years. >>> So, I guess this is another 'breather', right? >>> You'll note, of course, that there were two recessions during the Reagan/Bush years... and that the powerful growth in the nineties didn't get traction until the financial markets saw a solid plan to reduce Reagan/Bush era federal debt interest payments... which were 'crowding out' private investment. >>> If Congress hadn't killed SEC Chairman Levitt's plans for accounting reform (expensing of stock option grants and a ban on accountants doing both consulting and audit work for the same client) then there never would have been an asset bubble.