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To: chiller
GWB; market declined in 2000, recession started upon my arrival

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.

660 posted on 02/08/2004 8:11:22 AM PST by NYC Republican
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To: NYC Republican
I felt he handled this poorly. It came across as sounding as if

I think you are mistake.

JMO as opposed to your opinion.

671 posted on 02/08/2004 8:13:43 AM PST by _Jim ( <--- Ann C. and Rush L. speak on gutless Liberals (RealAudio files))
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To: NYC Republican
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 ...

Why not just come out and say:

"The Clinton Justice department torpedoed Microsoft in March (?) of 2000 sending the markets down in advance of my arrival"?

Going into detail to explain the intricacies of what technically constitutes 'a recession' would be a trip into 'algore excessive technical detail land' ...

681 posted on 02/08/2004 8:18:00 AM PST by _Jim ( <--- Ann C. and Rush L. speak on gutless Liberals (RealAudio files))
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To: NYC Republican
mistake => mistaken
687 posted on 02/08/2004 8:20:11 AM PST by _Jim ( <--- Ann C. and Rush L. speak on gutless Liberals (RealAudio files))
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To: NYC Republican
It did. we saw the downturn coming on strong at work in late 3Q/4Q 2000, even before 2001. these GDP numbers are all over the place, trying to find out when they are accurate enough to identify the "two consecutive quarters" that define the recession is elusive.

I don't think most americans blame Bush for the recession. The only area where he is politically weak on the economy is showing very little connection/attention to job losses, especially offshoring. At many large companies across america, its all employees are talking about, and Bush is talking about steroid use during the SOTU. Bad move.
1,052 posted on 02/08/2004 10:10:22 AM PST by oceanview
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