If we had a Dim in the White House our left kook friends in the NG would say the current economy is great. Our kook friends forget we are at war. Look at the economy when the Dims were in charge during a war. The Dims have been saying the economy is bad for so long the kooks actually believe it to be a fact. LOL
Jeff, The definition of a recession is two consecutive quarters of > NEGATIVE GROWTH.
> Not slowdown. At no time since 2000 has there been a negative growth.
> Even the 1st quarter of 08 there was a positive growth of .9% and it has
> been getting better since.
>
>> Mike hunt wrote:
>>> What part of "If one tales the time to do a proper search they will
>>> discover that actually the economy is not currently, and has never been
>>> in "RECESSION" by DEFINATION since 2000," and "The 2001 slow down was
>>> reversed, in less than a year, by the tax RATE cuts passed by the
>>> CONGRESS as requested by the President," Do you not understand? LOL >>
>> Most definitions of recession include 2 quarters of economic downturn.
>> The economic downturn in 2001 lasted from March 2001 to November 2001,
>> which included two quarters.
>>
>> You also said that the unemployment rate now is better than any time in
>> the 1990s. You have failed to explain how today's unemployment rate of
>> about 5.5% is better than that in 1999 when it was about 4%.
>>
>> Jeff
>>
>>>> Mike hunt wrote:
>>>>> If one tales the time to do a proper search they will discover that
>>>>> actually the economy is not currently, and has never been in
>>>>> "recession" by definition since 2000.
>>>> Except for the recession of March-November 2001.
>>>>
>>>>> Even with the much greater slow down of the economy after 9/11 the
>>>>> economy did not go into "recession," no matter how often the media and
>>>>> the Dims have tried to give the impression we were in a "recession."
>>>> Correct. The economy was already in a recession.
>>>>
>>>>> The 2001 slow down was reversed, in less than a year, by the tax RATE
>>>>> cuts passed by the Congress as requested by the President.
>>>> Hold on. By your criteria, the President is not responsible for taxes
>>>> and the budget. Now you're giving him credit. Pick one. He either is or
>>>> is not responsible.
>>>>
>>>>> Look at the current GNP and unemployment rates, they are both as good
>>>>> as, or better than, ANY time during the nineties.
>>>> Really? In 1999, the unemployment rate was about 4%. Now it is about
>>>> 5.5%. How is that better?
>>>>
>>>> Jeff
>>>>
>>>>
>>>>
>>>>>> Peaceful Bill wrote:
>>>>>>
>>>>>>> still just me wrote:
>>>>>>>> Like Perot says "the first thing to do when you're in a hole is to
>>>>>>>> stop digging". Bush II doesn't even understand that part, let alone
>>>>>>>> the follow on.
>>>>>>> He inherited the shit given to him by Clinton. Remember the >>>>>>> destructive
>>>>>>> nd contentious change of power from "the impeached" to Bush? The
>>>>>>> economic collapse of Clinton's last year?
>>>>>> Fox News and the Republican party tried to pin the recession on
>>>>>> Clinton, but the Conference Board, considered the referee of US
>>>>>> economic activity, said the recession started during the GW Bush >>>>>> presidency.
>>>>>>
>>>
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