Friday, July 18, 2003 It's The Economy, Stupid!Some facts worth considering: 1. The economy slipped into negative-growth mode in March 2001, less than 2 months after George W. Bush became president. But none of Bush's economic proposals had been passed by Congress yet, so the economy slipped into recession during the last months of Clintonomics.
2. Bush's economic policies began taking effect initially with the $300 tax rebate checks mailed to taxpayers in the summer of 2001, and mor fully with the October 1, 2001 start of the new fiscal year. The recession ended and the economy resumed growing one month later.
3. The economy has been growing slowly for the last 20 months. Bush's economic policies have been in place for 22 months. More at Hobbs on line. -- posted by Chuck at Friday, July 18, 2003 | E-mail | Permalink | Main |
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