Quoting Steve Sumner <[EMAIL PROTECTED]>: [...] > Why is it a Bush recession when it started during the Clinton > administration? You better get back to you history and basic economics > books and study better. [...]
According to page 31 of the 2004 Economic Report of the President, "monthly GDP reached a high point in February 2001." Hence, the recession began in March 2001. http://www.gpoaccess.gov/usbudget/fy05/pdf/2004_erp.pdf The Bush Administration has been trying to spread a meme that it started under Clinton, but once they "get back to ... history and basic economics books" they'll learn that slow growth does not equal a recession. Regards, Mike Skoglund // New York (Financial District) // Minneapolis (Bancroft) REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
