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![]() Correction, the 'downturn in the economy' that lead to the official recession began during Clinton's last year. President Bush even mentioned this fact prominently while he was campaigning while the Democrats all cried 'foul". So, don't even attempt to revise history and blame the recession of Mr. Bush. Even the most hard-nosed liberals must admit the Mr. Bush inherited a souring economy from the previous administration. The fact is no Democrat would have taken the necessary action to bring us out of the recession as fast as Mr. Bush has. Democrats would have raised taxes and made matters even worse. That's how stupid they are. S.Simon "Jeff Morris" wrote in message news ![]() "Simple Simon" wrote The projected surplus was an optimistic Clinton fabrication that did not take into account the recession that started the last year Clinton was in office. The recession did not start until Mar 2001, after Bush was inaugurated. This is according to the National Bureau of Economic Research, the official arbiter of recessions and expansions, which is run by a Bush advisor. Although the official recession (as defined by the "real GDP") was relatively brief, unemployment increased and over a million jobs were lost during the "recovery." Thus, the current growth is fueled entirely by increased productivity; those with jobs are working harder, even though increasing numbers are unemployed. |
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