Re: Selling off national forest and national parks? TU alert



Bill McKee wrote:

The expansion was already happening. Just as the recession was already happening at the end of his term. And the "largest economic expansion in history" was a bubble. No basis. No actual real continuing jobs created. When a business with a website does an IPO and is worth a billion dollars capitalization the next week, there is over extended exuberance as to stock value. Greenspan should have put more controls on the market. Unfortunately when the bubble burst, a lot of good companies got hurt also. Face Facts. rw.


Clinton came into office in a recession. He raised taxes in the face of dire warnings from the right. The economy grew at the fastest pace ever over the next eight years. We had four straight years of increasing budget surpluses in his second term. The next recession started in March, 2000, after Bush took office in January, and that's according to official Federal government statistics. Since then, the budget deficit, the size of government, and the amount of government spending have been growing at a record pace, while the Republicans have controlled both houses of Congress and the Presidency.

Face facts, McKee.

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