One approach is to ask when the first budget of the Bush Administration took effect.

The answer, of course, is that it hasn't.

We're still operating under the last Clinton budget...

I usually say that it was Clinton's fault. When they invariably bring up the prosperity we enjoyed under Clinton's rule, I ask what specific actions did Clinton take to bring about the prosperity. That usually brings on the blank stares. Then I remind them of the first two years of the Clinton administration when he had that sweetheart Democrat Congress and ask what significant pieces of legistlation (other than gays in the military) did Clinton propose. As a finale, I remind people that the economic good times didn't begin until we elected the Republican Congress in 1994. That usually does it.

A clymer asjed me about the "Bush recession" I answered that it was to be expected after the "Clinton stock market crash"

Very good ... I have friends that don't quite understand what a recession is and why it happens. They just know that its bad, but they liked the $300 ck that came in the mail. It troubles me that most adults in this country have a greater knowledge of Harry Potter novels than Economics 101.

Politely ask the person if they could define what constitutes a "recession" (most people won't be able to). Then, as noted in an earlier post, explain to the person that the recession began in March, before the tax break was even passed, and while we are still operating under the fiscal budget signed by Clinton.

If they continue to insist that this is Bush's recession, let them know that you will be coming around next year, when we bounce back into economic expansion, to discuss with them Bush's power over the economy.

Clearly the current economic problems are the easily predictable response to the initial success of the Clinton administration's "war on Microsoft" (a.k.a. "Clinton's war on America"). When the judge said "OK, we gotta break up Microsoft", their stock price collapsed, which led to a more general hi-tech stock price collapse, which led to an across-the-board stock price collapse, which led to a liquidity crisis as billions and billions of dollars of wealth that had been created in the stock market and that were propelling the creation of new jobs and driving up the tax collections of governments at all levels from local to state to federal suddenly evaporated. Therefore people started losing jobs and reducing their spending, which compounds itself over time. So it was all started by Clinton and his anti-American anti-private-sector-success lackies.

But anybody with half a brain knows that economic effects take time to unfold (but maybe that leaves out your liberal "friends"), and so Clinton's attack on America is still working its way through the economy even at this date. By comparison, the tiny Bush tax cut has only barely started having an effect, but that was counteracted almost immediately by the events of September 11 (which also are due in large part to the failure of the Clinton administration to take any serious response to Osama Bin Laden's terror attacks that took place during his watch), and so in yet another dimension the current problems with the economy are rooted firmly in the failures of Clinton and his short-sighted policies.

HEY!!!!....EVEN CNN's little screen flashs says INDUSTRIAL PRODUCTION DOWN 16 Months in a row!!! That just has to mean ,altho CNN wouldn't say so, it STARTED in the KLINTOON era.

I just ask the hot shots who want to blame President Bush if they can explain how the economy works. No? Then just tell me the basic principles behind economic growth. Huh? Well, maybe just explain how giving people a tax return hurts the economy. Not sure?

I just ask the hot shots who want to blame President Bush if they can explain how the economy works. No? Then just tell me the basic principles behind economic growth. Huh? Well, maybe just explain how giving people a tax return hurts the economy. Not sure?

Bump and thanks

I point out that this recession began with the clinton stock market crash caused by the clinton administration's indictment of Microsoft. American business got the message and shut down from that point forward. Interest rate cuts and tax cuts have failed to restore the business community"s faith in Washington because of the corrosive partisanship of the Democrats and their union lapdogs.

The answer, of course, is that it hasn't.

This is the first and most important fact. The second is, there is no real answer because its a bogus accusation. What we should be figuring out is how to inform the sheople that the DemonRats are LIEING through their teeth, as usual. Also, the recession, IMHO, began with the fall of the .com's. They created a false economy.

Hey, why aren't they blaming this on Algore. Didn't he invent the internet. I'll bet he created this recession too!! hehehehe

Bush's budget begab on Oct 1 of this year....still long after this recession, or the downward spiral began. Thank you X42

Excellent analysis..I have used 70% of this before but you hit some pivotal points.

it is a Gore/Clinton Recession. Period!

TLB I know this. You know this. Anyone with a brain knows this. Now that we have discounted every single liberal in just that sentence I guess I was asking in what terms in the simplest form do you explain common sense to a retard liberal?

I think most of us saw this coming last fall when the election saga was going on. The positive was that our guy was going to get the office, the negative was that his timing would stink. The best thing to take out of it is that the recovery will likely be timed right for him to get credit for that also. Anyone who invests money knew this time would come, you can't hold off the business cycle forever. The whole tech industry was essentially born while Clinton was in office and he got credit for the good times it spawned. It's rather silly for a thinking person to label this a 'Bush Recession', but then the Dems have never had much success in that field anyway.

The correct argument is to point out that there have been volumes of studies that show that the stock market is a very good predictor of economic activity. It is what is called a leading indicator, when it is going up the economy is expanding in the future, when it is going down the economy is contracting in the future. Guess what, the stock market peaked in mar/apr 2000, before bush was even elected. Clinton didn't notice, didn't do anything it is his recession.

Just laugh at them.