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

To: TigerPaw who wrote (433340)	7/25/2003 10:53:14 AM
From: CYBERKEN	Respond to of 769667

The nation was in the depths of Clinton's moral and legal corruption, and his comprehensive economic incompetence, when Bush took over. Bush's progress to date in rectifying the Clinton disaster has been nothing short of amazing...

To: TigerPaw who wrote (433340)	7/25/2003 11:13:02 AM
From: Neocon	Read Replies (5) \| Respond to of 769667

The only difference is timing. Clinton's recession occurred around the change of Administrations. The economy has improved under Bush. The recession did not last all that long. But, as with Roosevelt, it was hard to get employment back on track. On the other hand, unemployment under Roosevelt, despite "make work" projects, was much worse......

To: TigerPaw who wrote (433340)	7/25/2003 11:33:12 AM
From: DavesM	Read Replies (1) \| Respond to of 769667

Your Statement is false. The economy was clearly in trouble before the Bush Administration started. The current administration began 9 months after the biggest market correction in NASDQ history (2000 was the worst single year in NASDQ history, and the worst year for the S&P 500 in decades). The current Administration began 7 months after the beginning of the California Energy Crisis. Economic growth had stalled and was clearly cooling before the Current Administration took office. GDP growth was about 3.8% for the year in 2000, but growth slowed dramaticlly in Q3 and Q4 of that year (Q2 99 = 2.O%, Q3 99 = 5.2%, Q4 99 = 7.1% , Q1 00 = 2.6%, Q2 00 = 4.8%, Q3 00 =.6%, Q4 00 = 1.1%, Q1 01 = -0.6%). According to the NBER, Industrial Production peaked in the summer of 2000 and was falling significantly as the Bush Administration came into Office. Real Manufacturing and sales were falling before the current Administration came into Office. Unemployment, often considered a lagging indicator reached a minimum in October of 2000, and was begining to increase before the current Administration came into Office.