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


To: Kenneth E. Phillipps who wrote (485849)11/3/2003 1:52:11 PM
From: JakeStraw  Respond to of 769670
 
Keep telling yourself that bedtime story Kenneth! LOL!



To: Kenneth E. Phillipps who wrote (485849)11/3/2003 1:54:33 PM
From: JakeStraw  Respond to of 769670
 
"Now, later in the decade, the economy did indeed take off in a marvelous boom. This was a result of the corporate restructuring and downsizing of the 1980s and early 1990s, and the fantastic rise of new technology. You cannot attribute all this to the Clinton administration, unless you really do think that Al Gore invented the Internet."



To: Kenneth E. Phillipps who wrote (485849)11/3/2003 2:03:17 PM
From: JakeStraw  Read Replies (2) | Respond to of 769670
 
"In fact, the economy was on an upward path, after a very mild recession, 18 months prior to Bill Clinton's election. Siewert should consult Clinton's Office of Management and Budget (OMB) and its June 1999 mid-session review, in which it conceded that the "economic expansion…began in April 1991."

Or he could go to the National Bureau of Economic Research (NBER), the most respected monitor of the business cycle, which flatly reports that the eight-month recession (wow! some Depression!) under President George Bush "ended in March 1991." According to an NBER spokeswoman, the "truth is that the seeds for the recovery were sown during the Bush era."