Quote:
Originally Posted by Relentless
The only relevance Bush has to any of this is as a starting point. Saying the "economy was roaring for most of his presidency" is false.
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No it's not false.
He came in with a recession happening at the end of Clinton's term when the tech bubble burst.
Then he got nailed by 9-11 during his first few months in office.
But the economy ROARED after that. Unemployment was down under 5% (which according to the US govt is NO unemployment when you account for people moving in and out of the workforce).
Not saying that Bush caused the economy to do well. But I do think that like Clinton, he stayed out of the way enough to allow the private sector to work. Until the end of Sept. of 2008 when the housing market completely crashed