Thursday, August 08, 2002

BUSH SAYS HE INHERITED RECESSION

headlines CNN, adding that Harken and Halliburton are taking advantage of the new GDP data to lay it on Clinton. So, before this data was "revised", we didn't have a recession, it was the Democrats who were trying to talk down the market, ignoring the growing economy. Now that the Andersen-like accounting had to be revised, CNN says: it was something of a stroke of luck for President Bush, who has since used it as evidence that he inherited an economic mess..."
OK, let's ignore the 2.7 trillion surplus Clinton left and Bush squandered, or the fact that recession was not declared until March 2001. Assuming he did inherit a mess, at what point is this administration liable for DOING SOMETHING ABOUT THE PROBLEM? Do the training wheels ever come off this administration?

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