Ed Huntress wrote:

SNIP

In fact, it's now accepted that it began in March 2001, more than a year
after Bush took office.

Ed,

I don't know if you or someone else posted the above statement (a problem with
long running threads sometimes) and I don't profess to be any kind of economics
expert but this statement is incorrect.

GW Bush was elected in November 2000, and inaugrated on Jan 20, 2001. March
2001 is 2 months after, not "more than a year."

Mike Eberlein