To: gov_bean_ counter
That doesn't surprise me in the least. The question that puzzles me is why on one hand would Greenspan have been dropping hints that all is not as it seems, but on the other setting interest rates to artificially continue the bubble for the benefit of S(l)ick Willie?
33 posted on
08/08/2002 12:40:07 PM PDT by
steveegg
To: steveegg
In 1999 and 2000 Greenspan was raising rates quickly. As I recall he raised 6 times in a very short time frame. My business is a very good indicator of economic activity and my business was very slow in 2000 and hit a real brick wall in August of 2000 which to me was the beginning of the recession.
When Bush and Cheney were warning about the economy before the election, everyone said they were talking it down. What they were basing this on were actual figures not cooked books.
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