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Politics : Proof that John Kerry is Unfit for Command -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (6073)	9/1/2004 5:20:37 PM
From: Sojourner Smith	Read Replies (1) \| Respond to of 27181

I remember clearly I got whacked in the market the Spring before Bush was elected. And was about to get hired, but I got a call about a hiring freeze right after 9/11/04 The seeds were sown by Clinton, but probably would have happened even if Kerry, or Bush, or FDR, or Porky Pig had been in office.

To: American Spirit who wrote (6073)	9/1/2004 6:09:37 PM
From: lorne	Respond to of 27181

American spirit. YOU said...." There was no "Clinton recession". It started on Bush's watch."..... WRONG. Do you ever bother to do a bit of research before you post? Economists Say Recession Started in 2000 By Nell Henderson Washington Post Staff Writer Thursday, January 22, 2004; 1:34 PM The last recession may have started in the last months of the Clinton administration rather than at the beginning of the Bush administration. The panel of economists that serves as the official timekeeper for the nation's recessions is considering moving the starting date for the most recent economic decline back to November or December of 2000, a member of the group said today, confirming a report that appeared in The Wall Street Journal. "We have discussed it already and there seems to be some inclination to move the date" to some time in the last three months of 2000, said Victor Zarnowitz. He is a member of the National Bureau of Economic Research's business cycle dating committee, which determines the widely accepted start and end dates to U.S. recessions. americam spirit....PAY ATTENTION TO THIS STATEMENT >>>>> "Presidents don't have so much to do, in my opinion, with when recessions start," Zarnowitz said. "Clearly the boom happened under Clinton, and the boom generates the bust. And no administration has the power to change that." homeboundmortgage.com Economists Say Recession Started in 2000 By Nell Henderson Washington Post Staff Writer Thursday, January 22, 2004; 1:34 PM The last recession may have started in the last months of the Clinton administration rather than at the beginning of the Bush administration. washingtonpost.com DECEMBER 15, 2000 SOUND MONEY By Christopher Farrell Recession? Don't Listen to the Cassandras The real danger is that pols will try to tune-up the economy through tax cuts or spending hikes Talk about the Grinch who stole Christmas. Until recently, it was possible to indulge in some humor about the decline in the stock market and shortfalls in corporate earnings. No longer, it seems. Signs that the economy is weakening are cropping up everywhere: Consumer confidence has tumbled during the holiday season, and government statisticians report that retail sales fell sharply in November. The unemployment rate has ticked up, and housing activity has slumped. So a growing number of Wall Street traders and analysts are convinced (mistakenly, I believe) that the recent decline in the stock market is forecasting a recession for next year. businessweek.com Did recession begin in 2000? Group that dates economic cycles considers extending most recent downturn; possible boon for Bush. January 22, 2004: 3:01 PM EST By Mark Gongloff, CNN/Money Staff Writer NEW YORK (CNN/Money) - The committee of economists that sets the dates of U.S. recessions and expansions is considering moving the starting point of the latest recession to as early as November 2000 -- which could provide some political cover for President Bush. The business cycle dating committee of the National Bureau of Economic Research, a private research group, will soon decide whether or not to change the starting date of the latest recession from March 2001, its current estimated starting month, NBER spokeswoman Donna Zerwitz told CNN/Money. money.cnn.com