GWB; market declined in 2000, recession started upon my arrival....attacks affected economy...corporate scandals affected confidence of economy...then Iraq....
GWB; It is happening...
I felt he handled this poorly. It came across as sounding as if it started as soon as he came on board (that it was his fault) rather than explaining the concept of a recession- that it means it's 2 quarters of negative growth, and that most of that period started under Klinton's term.