Hi Todd:

Just one point...I didn't say that the Clinton administration caused the
slowdown. I said Bush inherited a slow economy (which he did) and that
there was a previous administration in place who had it before he did (which
there was). You assumed I placed blame with the Clinton administration for
it.


You're right...I did assume you placed blame on the previous
administration for the bad economy. That's an assumption I shouldn't
have made.

Oh (by the way) Mr. Greenspan took office as Chairman of the Board of
Governors of the Fed on August 11, 1987, replacing Paul Volcker, who
resigned. My history book says that Ronald Reagan was president at that
time. He was subsequently re-appointed by both Presidents Bush (I) and
Clinton.

I stand corrected, sir.

Jim