Registered: 12/09/00
Posts: 8375
Loc: the hue of dungeons and the sc...
Quote:
Originally posted by 2001frontier:
Quote:
Originally posted by Mobycat: [b]
Ah...not true. The recession began after Bush took office.
(To be fair, the expansion started under Bush the Dad.)
Yeah it started right after he took office and was a direct result of the dot com collapse. I think Presidents roles in the economy are overated anyway. It doesn't matter who is in office. It is going to go up and down naturally.[/b][/QUOTE]
Agreed on that. While he technically didn't "inherit" it, Clinton also didn't cause it. But they get the credit or blame regardless - this is what will cause Bush's downfall, if anything.
_________________________ "Nature has constituted utility to man the standard and test of virtue. Men living in different countries, under different circumstances, different habits and regimens, may have different utilities; the same act, therefore, may be useful and consequently virtuous in one country which is injurious and vicious in another differently circumstanced" - Thomas Jefferson, moral relativist