Quote:
Originally posted by WilMac1023:
Quote:
[b] Originally posted by Andre the Giant:
Amazing how Clinton's prosperity seems to coincide with the timeperiod where the Republicans took control of the house and senate. It's also interesting how the economy was still doing pretty well right up until September of 2001. (although it had started to decline at the end of 2000. Which was under Clinton's watch.)

I am better off now, thank you very much.
You are? You're one of the few. Lucky you!

By the way, the split in the house is currently 229 Republicans, 205 Democrats, and 1 Independant.

The split in the Senate is 51 Republicans, 48 Democrats, and 1 Independant.

Plus a Republican President.

What's your excuse for the recession (nearly depression)? If you're going to take credit for the prosperity, then you also have to take credit for the situation as it stands now, even more so than then.

Come on, I'm waiting for your answer, girliemouth.[/b]
It's obvious that you don't understand the basic ebb and flow of the economy. The standoff between the republican congress and the democrat controlled white house allowed the economy to do what it does best... determine it's own course. It's not so much that Clinton was to blame for the "Bush recession" but he could have stopped it by cutting taxes in his last year in office. Unfortunately, at the end of Clinton's term, the economy was slowing down after years of rapid growth. (A perfectly natural thing for it to do.) When Bush took office, he inherited a slowing economy which was driven into a mild recession when the 9/11 attacks took place. What has happened since then has been a modest recovery, but the recession was barely a recession, and given the economic definition of recession, its over.

Compare this recession to the one when Carter was president.

Carter 10+% interest rates 10+% unemployment 10+% inflation

Bush 4.75% interest rates 6% unemployment <1% inflation

Bush's leadership and economic policy may not be your cup of tea, but we are headed in the right direction.

And yes, I am one of the lucky few... the 94% of the population that has a job.

Put that in your pipe and smoke it girlieman!

wink
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