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To be fair, Bush inherited this poor economy from Bill Clinton

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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:03 PM
Original message
To be fair, Bush inherited this poor economy from Bill Clinton
I just figured I would brace you before some right-wing idiot tries that excuse for this loser.

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oldtime dfl_er Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:04 PM
Response to Original message
1. I was so ready to jump all over you
:P
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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:05 PM
Response to Original message
2. This economy was GREAT until the Dems took over Congress.
:sarcasm: in the same vein.
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RockaFowler Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:11 PM
Response to Reply #2
21. I heard this yesterday
When I wrote back that the Democrats have only been in power for a year - that shut him up. I wonder where they get this info. I am scared because they are the ones who are voting!:eyes:
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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 06:10 PM
Response to Reply #21
35. Wow. I guess I just can't make a sarcastic wisecrack...
...that's more ridiculous than what some of them actually believe. :silly:

The mind boggles.
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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:05 PM
Response to Original message
3. Your wait is over...
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:06 PM
Response to Reply #3
7. See, great economic minds think alike.
:silly:
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SammyWinstonJack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:05 PM
Response to Original message
4. Which is bu$hit, of course, but that won't stop the Liars.
The bigger the lie, the more they believe.
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flamin lib Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:05 PM
Response to Original message
5. The Clinis strikes again!! and again and again and again nt
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Blackhatjack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:06 PM
Response to Original message
6. Just like a Preview of Coming Attractions at the Movies !!!!
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:07 PM
Response to Original message
8. and therefore hillary would bring us right back to those failed policies that left us a surplus
:sarcasm:
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:09 PM
Response to Reply #8
19. No, I don't think there's any danger of that. She seems to like Bush's approach better
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:09 PM
Response to Original message
9. What they will say is 9/11. However, the truth is all warnings were ignored about 9/11
he ignored the ENTIRE middle east, including the Israelli/Palestinian issue, and refused to take over where Clinton left off

After 9/11, he attacked a country which had nothing to do with it, and committed us to a non-eneding war which not the very least has caused inflation to rise at record levels


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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:29 PM
Response to Reply #9
28. Things weren't that rosy on 9-10
By 9-10-01 the markets had pretty well decided that the Bush tax cuts and rebates were a failure -- which is why the Bush Crime family was grateful for a distraction.



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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:46 PM
Response to Reply #9
31. March 2001 - recession was declared. November 2001 - declared over :link
See?http://www.usatoday.com/money/economy/2003-07-17-recession_x.htm
WASHINGTON (AP) — The committee that puts official dates on U.S. economic expansions and contractions said Thursday that the economy pulled out of recession in November 2001 and since then has been in a recovery phase.

The announcement from the National Bureau of Economic Research's Business Cycle Dating Committee confirmed what many economists have believed: that the economy has resumed growing, albeit slowly.

"At its meeting, the committee determined that a trough in business activity occurred in the U.S. economy in November 2001," the committee said in a statement Thursday.

The committee, which consists of top academic economists, met in Cambridge, Mass., to discuss the issue.

The 2001 recession began in March that year, so today's announcement makes it an eight-month downturn.
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Lone_Star_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:09 PM
Response to Original message
10. Yet he was able to take it from poor to full scale disaster in a mere 7 years.
It's hard werk destroying an economy. :P
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Lobster Martini Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:11 PM
Response to Original message
11. Damn! Does that mean that if a Dem is elected, we'll have another f***ing balanced budget?
Dear God, don't let us go back to those dark days. Anyone have Rudy Giuliani's direct deposit routing number?
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:22 PM
Response to Reply #11
12. No kidding
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liberalmuse Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 12:26 PM
Response to Original message
13. LOL, I knew you were kidding.
Edited on Fri Jan-18-08 12:27 PM by liberalmuse
DU can get crazy, but it's never sunk to the kind of idiocy level The Free Republic actually has to reach very high to obtain. :)
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niyad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 03:52 PM
Response to Reply #13
14. freepers remind me of a line from an episode of "monk"-- where monk
is convinced that the perp is a guy who is in a coma. the police captain says, "but, he's a vegetable. no, he hopes one day to be a vegetable"
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Bonobo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 03:56 PM
Response to Original message
15. TRANSLATION:

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NewJeffCT Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:02 PM
Response to Original message
16. They've been trying that one since the summer of 2000
blaming the "excesses" of the Clinton years for the economy. They mastered "talking down" the economy.

And, Greenspan didn't help with his raising of interest rates several times in 2000

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SIMPLYB1980 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:05 PM
Response to Original message
17. LOL!
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L. Coyote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:07 PM
Response to Original message
18. REPLY: To be fair, Bush did NOT inherited his poor intellect from Bill Clinton
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Marr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:09 PM
Response to Original message
20. Yep. There's an 8 year lag in the effect of economic policies.
Edited on Fri Jan-18-08 04:12 PM by Marr
Unless you're talking about Republican presidents who follow a Republican president. Then the economy's sad state is the result of policies from 9+ years ago.

Or if you're a Democrat with a bad economy who follows a Republican president, of course. Then it's the result of your own policies.

So in summary-- economies are always the result of the previous administration's policies. Except when they're not.
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tandem5 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:12 PM
Response to Original message
22. and of course the follow-up: The next president will inherit the positive effects of bush's...
economic policy, which have yet to been felt!
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Marr Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:14 PM
Response to Reply #22
23. Unless the ecnomy tanks, of course. Then GW will have had nothing to do with it.
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:18 PM
Response to Reply #22
24. Yep, that's the beauty of RW talking points. They are so flexible!
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theredpen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:26 PM
Response to Original message
25. "Bush's fault!"
Freepers like to make fun of people who "blame Bush for everything." Granted, it is possible to blame Bush for more than he deserves, but now that he's in the last year of his second term, Freepers look pretty stupid for their inability to blame him for ANYTHING.
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mitchtv Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:26 PM
Response to Original message
26. sounds like the Obama people
Indistinguishable from the RW these days, what with the Reagan worshipping, gay baiting , boomerbashing, etc. Trashing Big Dog is a local delight here.
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CatWoman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:27 PM
Response to Original message
27. Bluebear
I swear, I don't know what I'd do with you.

You are the funniest, most clever DUer EVAH!!!!

:hi:

:loveya:
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 07:59 PM
Response to Reply #27
37. XOXOXOX
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:32 PM
Response to Original message
29. Recession started: March 2001. MSM DELIBERATELY had typos saying "2000"
Edited on Fri Jan-18-08 04:42 PM by robbedvoter
Bush himself was using that little 'oops" in some speeches - not all - I was watching for it at the time. I recall - during the 2000 campaign - W&comp kept screaming recession - where none existed. I also recall W blaming Clinton for not dealing with the gas oil 9which was hunky dory at the time). In fact Clinton was demanding OPEC then to increase production - and they were complying. All that stopped, after W settled in - and he and OPEC started making bundles together from the American consumer.

I used to keep that 2001 article announcing recession - and post it every time they were messing up the year. Unfortunately, I had it on something called smartgroups.com - which simply disappeared one day.
Luckily, google is your friend:
http://www.usatoday.com/money/economy/2003-07-17-recession_x.htm
"The 2001 recession began in March that year, so today's announcement makes it an eight-month downturn.
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aint_no_life_nowhere Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:44 PM
Response to Original message
30. Didn't Bush adamantly refuse to regulate the hedge fund industry?
Unlike mutual funds, hedge funds do not have to register with the SEC and are issued in "private offerings". Bush consistently refused to require hedge funds to register and felt that the federal government should remain in a deregulation posture towards this industry, with no SEC oversight, no SEC regulation, no nothing. He felt the federal government should not even be able to make itself aware of what was going on with hedge funds and allow the industry to regulate itself. And wasn't it true that many of the home mortgages were packaged and backed by hedge funds, which were later found to be virtually worthless? Maybe I'm wrong, but didn't that contribute a great deal to the bursting of the housing bubble that has led the way in ths current economic slide? I haven't read any articles on that aspect of Bush's contribution to this current economic downturn.
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:47 PM
Response to Reply #30
33. And the Enron prices? And just about everything else?
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walldude Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:47 PM
Response to Original message
32. Which means the next administration inherits it from
the Democratic congress elected in 2006. No way a Republican could screw up the economy.
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robbedvoter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 04:48 PM
Response to Reply #32
34. You got it! Cuz they're the "responsible ones" - not "tax and spend" like libruls
Just read some Raygun - he 'splains it best!
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-18-08 06:12 PM
Response to Original message
36. i've heard that sooooo many times
i just smile knowingly now and pat the twit on the head.
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Froward69 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-19-08 02:27 PM
Response to Original message
38. ohhh i was about to castrate you...
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-19-08 02:32 PM
Response to Reply #38
39. Oh? You looking for something to hang from a trailer hitch?
:evilgrin:

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SalmonChantedEvening Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-19-08 02:38 PM
Response to Original message
40. Stand Ye in wonder at the Clenis
For it is to blame for all things.

:rofl: :spray:

:hi: :hug: :bounce:
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