"Gunner" wrote in message
...

A He's still trying to clean up the Clinton recession.

Ah, is that what you call it when everyone has a job,
and there's no federal deficit.

I have to update my dictionary.

Jim

Denial is not a river in Egypt. The Recession started in the last 18
months of the Clinton administration. And as far as Surplus..IE no
deficit..that was a very nice job of smoke and mirrors. However the
facts quite spoke differently.

Gunner

You're so cute when you do economics, Gunner. g Most economists say that
the trouble showed up in the second quarter of 2000, although the first
actual decline in GDP occurred in 2001.

If you want to go back in time to find someone to pin the recession on, go
back to Reagan and the steady decline in controls on business finance that
he initiated.

This last recession was just an ordinary business-cycle reversal. What's
strange about it is the gaseous cloud that blew the bubble up so big. What's
strange about the recovery is that business is waiting to see if there are
going to be enough jobs to support a recovery with consumer buying. In other
words, they don't believe in supply-side economics any more than the rest of
us do.

Ed Huntress