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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (59312)	2/13/2009 1:54:38 PM
From: TimF	1 Recommendation Respond to of 224759

Extending that analysis to include what's happened since April 2007 - Clinton was lucky not only in the timing of the beginning of his presidency but also in the timing of the end. The tech bubble had already started to burst by the time he left, but he got out just in time to not be president when the subsequent recession started. Bush was president when the housing bubble bursting started a recession. Another point is that the housing bubble burst was associated with worse after-effects than the tech bubble bursting. But its not like either Clinton or Bush where the main source of the bubbles that happened when they where president.