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During an 18 month period - or maybe even shorter - Greenspan hiked interest rates something like six times (if somebody knows the figures better, please correct me). Anyway, it was an unprecedented series of hikes - and the recession followed. He had even said time and again that he didn't like the stock market being so high - - Even though there wasn't CPI inflation to speak of , he was viewing the stock market as an inflation signal (over the protests of many economists) and he was determined to bring it down. DON'T TELL ME HE'S NOT RESPONSIBLE FOR ACCOMPLISHING WHAT HE SET OUT TO ACCOMPLISH

The stock market started plummeting in March 2000. Things like the Index of Leading Economic Indicators, the Purchasing Managers' Index etc. started falling in mid-2000. What's your (fanciful) explanation for that? I've seen Democratic BS artists try to claim that Bush caused the economy to start slowing before he was ever elected. Maybe you have something like that.