"This president inherited a Clinton recession..."

[russian33]

<snip?

"...Though the country's economic recovery appears to be softening and hampered by skyrocketing oil prices, Commerce Secretary Don Evans was upbeat at a morning briefing for convention journalists setting the tone.

"This president inherited a Clinton recession and turned it into the early stages of a Bush prosperity," he said. "The economy remains healthy, continues to move in the right direction, and the data consistently supports that."

<snip>

http://news.yahoo.com/news?tmpl=story&u=/afp/20040901/ts_alt_afp/us_vote_republicans_040901182800



Man, I wish I can get the stuff he's smoking...sounds like it's something really good!

[drdigi420]

1. the "recovery" is in SPITE of Bush's tax cuts

[Avalux]

2. Black is white.....

....up is down. :crazy:

[apnu]

11. "bull" is "shit"

yadda yadda yadda

Junior can never be blamed. It's all Clinton's cock's fault and the damn French don't you know?!?!

/sarcasm off..

Seriously... that's how the thugs in my office talk. Yeah, years later they still piss and moan about the French and Clinton.

Its almost as if they want to go back to the Clinton years where they could bitch and no one cared, but they were very wealthy. As opposed to today, where they are not bringing in much income and wondering what to do about it.

[wurzel]

3. And the deficit ? And the war? And unemployment? And oil prices?

[A_Possum]

4. A catastrophic success!

Four years and we're still in the "early stages" of Bush prosperity. Four more and maybe, if we're really good little Bushites, we'll be in the "early beginning stages." I just can't wait, can you?

[Catherine Vincent]

5. Haven't you heard?

Clinton recession is one of the talking points from repuke strategist.

[AntiCoup2K4]

6. Don should really Google FAUXNews.com with "March 2001 recession"

The "fair and balanced network" has stated several times that the recession began in March of 2001.

Surely no Republican would contradict FAUX? ;)

[trotsky]

7. Ah, the Clinton recession.

You know the one. When the economy was SO DAMN HOT that candidate Bush said "WE NEED TAX CUTS!"

Then, when the recession began in March 2001, Bush analyzed the situation and came to an entirely different conclusion - "WE NEED TAX CUTS!"

[napi21]

8. Even if we concede this, his extreme tax cuts made it worse!

I always find it really amusing when they say these tax cuts improve the economy and made the recession more shallow. I could possibly agree if the tax cut were really across the board for all tax brackets, but slanting it to the very wealthy, and including the end of the estate tax is irresponsible.

[kentuck]

9. There's never been a recession in history with 4% unemployment ...

That's what it was when Bush and Cheney took over. And that number was much more real than the 5.5% that Bush puts out now as the "official" unemployment rate. But even that is about 2 million people less employed.

[dennis4868]

10. BUSH TO ALTER ECONOMIC STATS AGAIN

THE DAILY MIS-LEAD
< http://daily.misleader.org/ctt.asp?u=1153589&l=52818 > ===============================

BUSH TO ALTER ECONOMIC STATS AGAIN

Last week, the Census Bureau released statistics showing that for the first time in years, poverty had increased for three straight years, while the number of Americans without health care increased to a record level.<1> But instead of changing its economic and health care policies, the Bush administration today is announcing plans to change the way the statistics are compiled. The move is just the latest in a series of actions by the White House to doctor or eliminate longstanding and nonpartisan economic data collection methods.

In a Bush administration press release yesterday, the Census Bureau said next week it "will announce a new economic indicator" as "an additional tool to better understand" the economy. The change in statistics is being directed by Bush political appointees and comes just 60 days from the election. It will be the first modification of Census data in 40 years.<2>

This is not the first time the White House has tried to doctor or manipulate economic data that exposed President Bush's failed policies. In the face of serious job losses last year, the Associated Press reported "the Bush administration has dropped the government's monthly report on mass layoffs, which also had been eliminated when President Bush's father was in office."<3> Similarly, Business Week reported that the White House this year "unilaterally changed the start date of the last recession to benefit Bush's reelection bid." For almost 75 years, the start and end dates of recessions have been set by the National Bureau of Economic Research (NBER), a private nonpartisan research group. But the Bush administration decided to toss aside the NBER, and simply declare that the recession started under President Clinton.<4>

[stopbush]

12. More jobs were created each month during the so-called

"Clinton recession" than have been created during bush's "roaring recovery."

And, no, the recession didn't officially start until March, 2001.

[roguevalley]

13. And I suppose he inherited a war from FDR...

[klook]

14. Refusal to accept personal responsibility

is one of the hallmarks of the psycopathic personality.

Funny, isn't it, how any recession during a Republican administration is always the fault of the preceding Democrat? The Reagan recession was Carter's fault (only took him 4 years to mess things up). Of course, the "malaise" of the late 1970s and early '80s couldn't possibly have anything to do with the fact that the bill for Nixon's continued involvement in Vietnam came due, could it?

Now, of course, the G.W. Bush recession is Clinton's fault. And, even more diabolical, Clinton engineered it so that we had widespread prosperity throughout his entire term, but he left a time-bomb for Bush.

[MercutioATC]

15. So did Bush invade Iraq so decisively with Clinton's military?

:shrug:

[DemBones DemBones]

16. Bush* and Cheney did everything they could to

talk down the economy during the 2000 campaign and they got what they wanted: a downturn in the economy, which they used as the rationale for their ridiculous tax cuts for the rich, and which they also blame on Clinton.

Those who buy into the idea of a Clinton recession forget that Clinton wouldn't have talked the economy down and might well have taken actions to prevent the slide. After all, he cleared up the Reagan/ Bush I deficit and left office with a surplus, which Bush II then worked overtime to get rid of.