GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Does Bush live in some alternate universe????

ADL Colin · 03-27-2008, 06:47 AM

I'd agree with Bush on that one. He came into office on January 20, 2001 and according to the NBER the recession started March, 2001. It takes a lot longer for any policy to work through the huge economic system than that. What Bush policies set in those 38 days could have possibly caused the onset of a recession by march?

Anyway, economic activity seemed to have started to decline in late 2000 before Bush made it into office. For example, Industrial production peaked in October of 2000. Also, the Fed was getting tighter raising the discount rate from 5 1/2% to 6 1/2% in 2000.

But it was a really mild recession anyway so what does it really matter.

03-27-2008, 06:47 AM
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	I'd agree with Bush on that one. He came into office on January 20, 2001 and according to the NBER the recession started March, 2001. It takes a lot longer for any policy to work through the huge economic system than that. What Bush policies set in those 38 days could have possibly caused the onset of a recession by march? Anyway, economic activity seemed to have started to decline in late 2000 before Bush made it into office. For example, Industrial production peaked in October of 2000. Also, the Fed was getting tighter raising the discount rate from 5 1/2% to 6 1/2% in 2000. But it was a really mild recession anyway so what does it really matter. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"