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http://crooksandliars.com/jon-perr/m...bush-recession
Friday Nov 21, 2008
Measuring the Bush Recession
By Jon Perr
As the American economy plunges deeper into crisis, the conservative
chattering classes are hoping for a replay of their 2001 blame game.
Having successfully perpetuated the myth
http://mediamatters.org/items/200405010002
that President Bush "inherited a recession" from Bill Clinton,
This is not a "myth". It is a fact. The seeds of that recession were
planted when the "dot com bubble" burst in March of 2000, the last year of
Clinton. The stock market was plunging and the economy going down when
Bush took office.
Not that *any* recession is directly attributable to a president. But the
Prez is "da man in charge". Therefore when things go wrong, he is blamed.
Ask Jimmy Carter.