The morons at Media Matters don't seem to understand the plain meaning of
the word inherit in this context. The recession began a month into Bush's
first term. Nothing significant changed between January and March, 2001. The
events that led to the recession - the banking crises, the dot com bubble,
the stock market bubble - all happened during the Clinton Administration. In
the summer of 2000, everyone knew the party was over, it was only a question
of when the recession would actually hit.


On Fri, Jan 9, 2009 at 4:16 PM, Vive wrote:

> This statement is patently false:
> "Bush inherited a recession"
>
> He did not.
>
> Please provide evidence, outside of the Bush camp, which shows that he
> inherited a recession.
>
> http://mediamatters.org/items/200405010002
>
> "In March 2001, the U.S. economy went into recession for the first time in
> ten years


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