RW friend's excuses for our poor economic situation - thoughts?

[T Roosevelt]

I'm in a running email debate, and would like everybody's thoughts...

The recession began in the last year of the Clinton administration (don’t believe me, look it up). The stock market was crashing from all the over-flated e.Stocks and the gas prices were on the raise. Clinton was getting hammered for not releasing the oil reserves to help with gas prices during that winter. Bush had a tough first year for a presidency that was in question. Now throw in 9/11. Airline and Tourist industries were distressed. Massive job loses throughout all the markets, that no president could have prevented; not even Bill "F'in" Clinton. I am not making excuses for Bush and the economy; I am just stating the facts that most anti-Bush folks don’t want to own up to. Add the war into this; there goes the deficit and the national debt.

Of course he's fallen into the "blame Clinton" mantra, and I don't see the relevance of the oil reserves...

[mhr]

1. Sounds Like Massive Rationalization Since He Could Not Admit A Lie

i.e. Bush Lied, Soldiers Died!

[Ediacara]

2. Tell him you looked up when the recession started

And remind him it started in March 2001, and had nothing to do with inflated e.Stocks (whatever the fuck those are :-) ).

ON EDIT: Remind him that this recession had two downturns and lasted longer than any recession in the 20th century.

[papau]

11. right on - the rw is into lies - truth is below

The recession began in the last year of the Clinton administration (don’t believe me, look it up).

began 3/01 and ended 11/01



The stock market was crashing from all the over-flated e.Stocks and the gas prices were on the raise.

only 20% of NYSE decline was ,com related - and stock decline does not mean economic decline


Clinton was getting hammered for not releasing the oil reserves to help with gas prices during that winter.

Bull - like gas prices in New England (he means oil heat prices) affected the nation to the point of recession! - fellow is nuts

Now throw in 9/11. Airline and Tourist industries were distressed. Massive job loses throughout all the markets, that no president could have prevented; not even Bill "F'in" Clinton.

By 11/1/01 the recession had ended - are we enjoying the Bush Boom yet?

Add the war into this; there goes the deficit and the national debt.-

As if the tax cuts somehow do not matter - seems the tax cut 2 trillion (if one includes the interest on the extra debt) is most of the projected deficit! But I'll give 1/3rd the current deficit to war costs - which for some reason do not seem to be decreasing.

[wryter2000]

3. And the war into it

Why was the war necessary?

I just tell those types everytime the numbers get worse, "Wow, that dot.com collapse is sure getting serious!"

[DK666]

4. Ari Flesher (sic) Said

anything that happens to the ecomomy after the first year that the Bush administration would take full responsability.


I havent found the daily transcript for the white house press conference yet there are shitloads of them i could use a hand.

EOM

[Loonman]

5. Not releasing oil reserves? There's a lie right there

http://www.newsmax.com/articles/?a=2000/9/22/194137

UPI story.
From Newsmax, even.

[meatloaf]

6. You might also want to mention

That most ecnomoists are now admitting that the Bush tax cuts account for nearly two thirds of the defecit.

You canl also ask what makes more sense? Tax and spend or no tax and spend? Then ask him where he's going to come up with he and his children's $33,000 portion of the debt that could have been much less if Bushco hadn't squandered the surplus.

[alcuno]

7. Here's a fact: The recession officially ended in December of 2001.

That's 3 months AFTER the September 11th terrorist attacks. The job losses are in manufacturing and white collar IT jobs; not the airline and travel industries.

We have been driven into an economic crisis by some highly irresponsible tax cuts. If someone can explain to me how cutting the tax on dividends or cutting the estate tax helps create jobs, have at it.

[sangh0]

8. The ABC's of Repugnant Economics

Always Blame Clinton

[Kathy in Cambridge]

9. Recession Started in March 2001, though BushCo are trying to backdate

it to Dec. 2000. Unfortunately for them, their own economic department sets the date in 2001. Even in Dec. 2000, jobs were still being created.

[Bridget Burke]

10. September 11th did damage the economy....

Too bad it wasn't prevented. Bush & co. really didn't do all they could have to protect this country. (And that's the mildest way of putting it.)

[Skittles]

12. don't blame the economy on 9/11

http://www.epinet.org/content.cfm/webfeatures_viewpoints_9_11_economy

also the war was not necessary

also, Clinton hasn't been president for over three f***ing YEARS.

[kaitykaity]

13. "When all else fails, blame Clinton."

This person pretends that his/her 'facts' include laying blame or assessing cause and effect.

My question always is "When will George W. Bush be held responsible for anything that has happened on his watch?".