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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (817)5/10/2003 12:46:43 PM
From: unclewest  Read Replies (1) | Respond to of 794032
 
once the Bush folk came into office, an economy which was drifting, having performed next to perfect for a good many years

I suppose you might call it drifting.

I would call a 53% drop in stock market values, in one year, falling like a rock...spinning down out of control. And that is how it was when GWB started.

Of course, I've never heard a demo acknowledge that...no sir. That 53% crash while Clinton was in office had nothing to do with the failing economy or lost jobs. That is all GWB's fault. The 2700-2800 NASDAQ crash under Clinton's leadership was just a drop in the bucket compared to the 800-900 point fall under GWB.

I am so glad you don't seem to miss the money you lost under Clinton.

I do hope you zip your pockets now every time you attend a democratic function.
uw



To: JohnM who wrote (817)5/10/2003 1:04:59 PM
From: unclewest  Read Replies (2) | Respond to of 794032
 
John,
I was wrong...my first response was wrong.
I thought it would be better to provide the precise figures.

On March 3, 2000 the NASDAQ traded as high as 5132.52

On January 2, 2001 the NASDAQ traded as low as 2273.07

Do you see my mistakes yet?

The drop under Clinton was a mere 2,859.45 points.

On of Friday the Nas closed at 1520.15.

That is down a whopping 752.92 from the low hit during the final days of Clinton's term.

Tha NASDAQ dropped 2,106.53 more points under Clinton than under GWB.

Shoot no wonder you hate GWB and are trying to raise your local taxes. You probably still have a few dollars left.
uw