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


To: Kenneth E. Phillipps who wrote (488958)11/7/2003 11:09:33 AM
From: JakeStraw  Respond to of 769668
 
Kenneth, You really should learn to only comment on matters that you know something about. Lately you've been looking even more ignorant than usual...



To: Kenneth E. Phillipps who wrote (488958)11/7/2003 11:28:21 AM
From: AK2004  Read Replies (2) | Respond to of 769668
 
ken
1st signs of upcoming recession were during Clinton administration. Since economy was overstimulated during growth period (again during Clinton administration) it was clear that recession would be long and hard. Then bin Ladin's strike against NY (again Clinton's lack of action) caused US economy to loose close to $1.5+ trillion. To make things worse after bin Ladin's strike some of the foreign money were taken off the table which hit dot-com companies hard.

now you can not blame clinton for everything - Greenspan's actions did not help. But the fact is that all of the damage to US economy was done during clinton administration. Even bin Ladin's attack was was due to clinton's lack of any serious actions against bin Ladin.



To: Kenneth E. Phillipps who wrote (488958)11/7/2003 11:34:57 AM
From: JakeStraw  Respond to of 769668
 
Kenneth, 3 month chart of the Dow -
finance.yahoo.com^DJI&t=3m&l=on&z=m&q=l&c=
3 month chart of the NAS -
finance.yahoo.com^IXIC&t=3m