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


To: Kenneth E. Phillipps who wrote (488840)11/7/2003 9:07:19 AM
From: JakeStraw  Read Replies (1) | Respond to of 769667
 
Stop living in the past Kenneth... Be happy our economy is getting better!



To: Kenneth E. Phillipps who wrote (488840)11/7/2003 9:22:24 AM
From: JakeStraw  Read Replies (1) | Respond to of 769667
 
"Clinton's first two years in office were an economic bust, primarily because his massive tax increase nearly broke the backs of American workers and took nearly all of the wind out of the sails of the economic recovery begun by George Bush.
Both the Dow Jones Industrial Index and NASDAQ lost value in the two years between the 1992 and 1994 elections, America's poverty rate didn't budge one iota, and all across the nation, household incomes fell markedly. In his wildest dreams, Clinton, the consummate optimist, couldn't foresee any change -- his own budget projections pointed to nothing but insurmountable deficits well into the next century.
The impetus behind the 1995 economic turnaround can be attributed to only one real factor: changes brought about as a result of the Republican-controlled House and Senate elected in 1994."