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


To: Bill who wrote (378031)3/24/2003 5:11:03 PM
From: DuckTapeSunroof  Read Replies (2) | Respond to of 769670
 
Negative.

It was in the early stages of recovering from a recession, but growth was far from strong, and unemployment was high, and capital investment and productivity still down.

You can't rewrite history just by wishing it was so.

As a matter of fact: Bush I's four years posted the lowest rate of job production of any administration since the Korean War.



To: Bill who wrote (378031)3/24/2003 5:26:48 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 769670
 
Unemployment declined from 7.5% in 1992 to 4% in June of 2000. Figures from National Economic Council.

"Unemployment is the Lowest in Over Three Decades. Unemployment is down from 7.5 percent in 1992 to 4.0 percent in June 2000, and in April the unemployment rate was the lowest in over 30 years. The unemployment rate has fallen for seven years in a row, and has remained below 5 percent for 34 months in a row. African-American unemployment has fallen from 14.2 percent in 1992 to 7.2 percent in April 2000 -- the lowest rate on record. The unemployment rate for Hispanics has fallen from 11.6 percent in 1992 to 5.4 percent in April 2000 -- and also the lowest rate on record. For women the unemployment rate was 4.0 percent in April -- the lowest since 1953. [National Economic Council]"

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