[lone star annie]

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.

[steveegg]

I forgot to explicitly mention the 1999-2000 rate increases as being beneficial to S(l)ick (though it is a common misconception that busting economies are historically beneficial to RATs).