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To: Oeconomicus who wrote (158270)7/1/2003 9:57:35 AM
From: stockman_scott  Respond to of 164684
 
Message 19075296



To: Oeconomicus who wrote (158270)7/1/2003 10:06:55 AM
From: stockman_scott  Read Replies (1) | Respond to of 164684
 
As 2004 Nears, Bush Pins Slump on Clinton

______________________________

By Dana Milbank
The Washington Post
Tuesday, July 1, 2003

With the start of his reelection campaign in the past two weeks, President Bush has revived his pastime of blaming his predecessor, Bill Clinton, for the economic recession.

"Two-and-a-half years ago, we inherited an economy in recession," he told donors at a Bush-Cheney '04 reception yesterday in Miami. He has raised the same accusation in fundraising appearances since mid-June in Washington, Georgia, New York, Los Angeles and San Francisco.

It's a good applause line for a crowd of red-meat political supporters. The trouble is it's a case of what the president has called, in another context, revisionist history. The recession officially began in March of 2001 -- two months after Bush was sworn in -- according to the universally acknowledged arbiter of such things, the National Bureau of Economic Research. And the president, at other times, has said so himself.

The bad news came on Nov. 26, 2001. The NBER, led by an informal economic adviser to Bush, Martin Feldstein, pronounced that economic activity peaked in March 2001, "a determination that the expansion that began in March 1991 ended in March 2001 and a recession began."

At the time, Bush accepted the verdict with perfect accuracy. "This week, the official announcement came that our economy has been in recession since March," he said in his radio address the next weekend. "And unfortunately, to a lot of Americans, that news comes as no surprise. Many have lost jobs or seen their hours cut. Many have seen friends or family laid off. The long economic expansion that started 10 years ago, in 1991, began to slow last year. Many economists warned me when I took office that a recession was beginning, so we took quick action."

Until the NBER's official pronouncement, Bush had avoided the "R" word. He spoke earlier in 2001 of an "economic slowdown" as administration officials noted, correctly, that the pace of economic growth began to slow (but not contract) in 2000, under Clinton's watch. "In terms of how you call it, what the numbers look like, we've got statisticians who will be crunching the numbers and let us know exactly where we stand," Bush said in October 2001. "But we don't need numbers to tell us people are hurting."

Then, last summer, Bush revised his history of when the recession began. Beginning in August 2002, he began to say that "we did, in fact, inherit an economic recession." Addressing Republican governors in September, he declared: "I want you all to remember that when Dick Cheney and I got sworn in, the country was in a recession." In May of this year, Bush even gave the recession an official starting date three weeks before he took office, saying "our nation went into a recession, starting January 1 of 2001."

The source of this revision apparently was a July 2002 report by Bush's Commerce Department that the economy had contracted in the first quarter of 2001 by 0.6 percent. But that was a quarterly figure that gave no indication when in the quarter the economy turned south. Still, Bush used that to revise the NBER definition so that the economy was in recession "the minute I got sworn in" on Jan. 20.

Feldstein's NBER, which earlier said it gives "relatively little weight" to the quarterly growth figures from Commerce, is not joining in the revision. Two weeks ago, it issued an updated report sticking by its assessment that the recession began in March 2001.

Speaking of moving targets, the White House executed some fancy footwork when the Supreme Court last week issued rulings striking down a Texas law forbidding sodomy and upholding the University of Michigan law school's affirmative action program.

On the sodomy case, Bush's press secretary, Ari Fleischer, has labored to distance the administration from the Texas case. "The administration did not file a brief in this case, unlike in the Michigan case, and this is now a state matter," Fleischer said when asked for Bush's opinion on whether gay men have the legal right to sexual relations in private. When Sen. Rick Santorum (R-Pa.) caused a furor by speaking out on the sodomy case in April, Fleischer had said, "We also have no comment on anything that involves any one person's interpretation of the legalities of an issue that may be considered before the Court."

In fact, Bush has expressed a firm opinion on the Texas sodomy law that the court ruled unconstitutional. He supported it. Human Rights Campaign, a gay-rights group, dug up an article from the Austin American-Statesman of Jan. 22, 1994, titled "Bush promises to veto attempts to remove sodomy law." The newspaper reported:

"Gubernatorial candidate George W. Bush on Friday promised he would veto any attempt by the Texas Legislature to remove from the state penal code a controversial statute outlawing homosexual sodomy. Bush, a Republican, was asked about the sodomy statute shortly after speaking to the Veterans of Foreign Wars and Ladies Auxiliary.

" 'I think it's a symbolic gesture of traditional values,' he said."

On the affirmative action case, Bush announced on Jan. 15 that the administration would file a brief opposing both programs in question, for Michigan undergraduates and law students. He called both programs "a quota system" and said they were "unconstitutional."

But when the Supreme Court last week upheld the program for Michigan law students -- widely seen as a major affirmation of affirmative action -- Bush joined in the celebration. "I applaud the Supreme Court for recognizing the value of diversity on our nation's campuses," he said in a statement issued by the White House.

© 2003 The Washington Post Company

washingtonpost.com



To: Oeconomicus who wrote (158270)7/1/2003 2:06:40 PM
From: GST  Respond to of 164684
 
Bush was very successful at one thing -- scaring and misleading the American people. When the truth finally sinks in, Bush should be run out of Washington in disgrace. Check this out: <<Poll Says Most Believe Saddam-9/11 Link
Tue Jul 1, 9:46 AM ET Add U.S. National - AP to My Yahoo!


WASHINGTON - Seven in 10 people in a poll say the Bush administration implied that Iraq (news - web sites) and its leader Saddam Hussein (news - web sites) were involved in the Sept. 11 attacks against the United States.

And a majority, 52 percent, say they believe the United States has found clear evidence in Iraq that Saddam was working closely with the al-Qaida terrorist organization.

The number that believes this country has found weapons of mass destruction is 23 percent, down from 34 percent in May, according to a poll conducted by the Program on International Policy Attitudes at the University of Maryland.

Prewar assertions by the Bush administration about al-Qaida's ties to the Iraqi government have not been proven, and weapons of mass destruction have not been found since the invasion of Iraq.

CIA (news - web sites) officials have said that two trailers recovered in Iraq were mobile biological weapons laboratories; Bush administration officials have called the trailers the most significant evidence yet that their allegations of Saddam's weapons programs were accurate.

Only four in 10 of those polled, 39 percent, said they thought the government was being fully truthful when it presented evidence of links between Saddam and al-Qaida. But among those who thought the government was not telling the truth, people were more likely to say the government was "stretching the truth, but not making false statements" rather than "presenting evidence they knew was false."

The number who want the United Nations (news - web sites) to take a leadership role in Iraq has grown from 50 percent in April to 64 percent now.

More than 60 U.S. troops have died in Iraq since President Bush (news - web sites) declared May 1 that major combat had ended. But the American public remains committed to sticking with the Iraq mission.

Eight in 10 said the United States has the responsibility to remain in Iraq as long as necessary until there is a stable government.

The poll of 1,051 adults was taken June 18-25 by Knowledge Networks and has an error margin of plus or minus 3 percentage points.

story.news.yahoo.com



To: Oeconomicus who wrote (158270)7/1/2003 8:47:52 PM
From: Alomex  Read Replies (1) | Respond to of 164684
 
Your reply was so predictable. It has been clear for a while now that you don't mind being lied to by our president. I just hope the rest of the people has a bit more of self-dignity left come 2004 and give the boot to Bush. Certainly the British are looking more and more likely to apply this treatment to Blair for his lies on Iraq.