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

To: SecularBull who wrote (369731)3/11/2003 3:53:54 PM
From: Steve Dietrich  Read Replies (1) | Respond to of 769670
 
The three quarters of negative growth in 90-91 were: -.7, -3.2, and -2.0%

Bush's first 3 quarters in 2001 were: -.6, -1.6, -.3%

So actually i'm wrong, it was 2.4 times worse after Reagan than after Clinton.

The 2001 recession has been extremely mild by historic standards. Even more so when you consider interest rates, inflation, and unemployment.

If you have to inherit a recession, this was a good one to come in on.

Steve


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