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To: Willie Green
Through downsizing, layoffs, conolidations, etc., it is quite feasible for corporate profits and the stock market to remain vibrant while the nation's economy is sour.

Possible, but can you give an example when that occurred?

Here's the important point of the article.

Not only that, but Reagan's policies appear to have reversed the increasing unemployment of the 1970s and reduced it from a high of 9.7 percent during the recession to a mere 5.5 percent

So, it looks like inflation decreased and employment increased, oh yeah, the stock market went up as well. So were you criticizing Reagan's performance?

25 posted on 03/23/2002 11:50:06 AM PST by Toddsterpatriot
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To: Toddsterpatriot
So were you criticizing Reagan's performance?

Not at all. But Bush & Son aren't Reagan.

27 posted on 03/23/2002 2:09:19 PM PST by Willie Green
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