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Here we go again. Some folks here are so predictable: Everything bad that happened on Clinton's watch was his fault. Nothing bad that happens on Bush's watch is his fault.
Nobody here has mentioned that the government recently revised its assessment that America was in recession in the Spring of 2001. Now it's just classified as a 'slow economy.'
This is not good for the Bush supporters who depended on the fiction of a Clinton-caused recession to explain away 3-1/2 years of dismal economic performance.
Presidents can do something to influence the stock market and the US position as economic belwether for the world. They can strive for a balanced budget.
The record deficits produced by this administration are hurting the US economy in many ways that seem invisible to Joe Sixpack, but are very visible to institutional stock traders.
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techweenie | techweenie.com
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