AND NOT ONE of the above trolls DISPROVED these events HAPPENED!!!
1) The recession DOES NOT START the day the NBER states: determined that a peak in business activity occurred in the U.S. economy in March 2001
BUT obviously YOU think oil tankers turn in 100 feet... naively you think the economy one day had increase NEXT day stops goes down!
It takes months for a declining economy to reach the point to stop Peak business activity! The economy growth rate declined for several months during
Clinton...
NOTE this chart..
Early 2000s recession - Wikipedia, the free encyclopedia
View attachment 28692
THE FACT is GDP Growth Rate declined... again it takes time for a recession to start!
1) NOT ONE of you trolls mentioned the bogus phony dot.com BUBBLE STARTED under Clinton and BURST under it's phoniness :
As the Dot Com bubble occurred in the mid and late 1990s, assorted predictions that eventually the bubble would burst emerged frequently. Because of the October 27, 1997 mini-crash in the wake of the Asian crisis, the predictions about a future burst increased, causing an uncertain climate on economy during the first months of 1998, while the Federal Reserve raised interest rates six times between June 1999 and May 2000 in an effort to cool the economy to a soft landing. The actual burst of the stock market bubble occurred in the form of the NASDAQ crash in March 2000. Growth in gross domestic product slowed considerably in the third quarter of 2000 to the lowest rate since a contraction in the first quarter of 1991.[3]
The Labor Department estimates that a net 1.761 million jobs were shed in 2001, with an additional net 545,000 lost during 2002. 2003 saw a small gain of a mere 62,000 jobs. Unemployment rose from 4.2% in February 2001 to 5.5% in November 2001, but did not peak until June 2003 at 6.3%, after which it declined to 5% by mid-2005.
DID THAT NOT HAPPEN???
2) NOT one of you trolls disproved 9/11 occurred... NOT ONE Mention!
The Cost of September 11
Counting the value of lives lost as well as property damage and lost production of goods and services, losses already exceed $100 billion.
Including the loss in stock market wealth -- the market's own estimate arising from expectations of lower corporate profits and higher discount rates for economic volatility -- the price tag approaches $2 trillion.
Among the big-ticket items:
The loss of four civilian aircraft valued at $385 million.
The destruction of major buildings in the World Trade Center with a replacement cost of from $3 billion to $4.5 billion.
Damage to a portion of the Pentagon: up to $1 billion.
Cleanup costs: $1.3 billion.
Property and infrastructure damage: $10 billion to $13 billion.
Federal emergency funds (heightened airport security, sky marshals, government takeover of airport security, retrofitting aircraft with anti-terrorist devices, cost of operations in Afghanistan): $40 billion.
Direct job losses amounted to 83,000, with $17 billion in lost wages.
The amount of damaged or unrecoverable property hit $21.8 billion.
Losses to the city of New York (lost jobs, lost taxes, damage to infrastructure, cleaning): $95 billion.
Losses to the insurance industry: $40 billion.
Loss of air traffic revenue: $10 billion.
NOW you f...king idiots DID THOSE LOSSES OCCUR? WHERE WERE YOU idiots!!!
3) WORST HURRICANE SEASONS!! Idiots you never mentioned THAT! NOT one mention of the costs of these hurricanes or loss of life!
Of course YOU idiots BLAME Bush for nature... YeT you idiots think Obama is a God!!!
COLOR="Blue"]
I mean in a way Obama’s standing above the country, above – above the world, he’s sort of God." [/COLOR]
Evan Thomas on Hardball,
Newsweek?s Evan Thomas: Obama Is ?Sort of God? | NewsBusters
List of costliest Atlantic hurricanes - Wikipedia, the free encyclopedia
7 of the top ten hurricanes happened under GWB!
A Loss of $252 billion under GWB...
- Katrina $125.00 1,833 2005 Category*5 Bush
- Sandy $68.00 286 2012 Category*3 Obama
- Ike $37.50 195 2008 Category*4 GWB
- Wilma $29.30 23 2005 Category*5 GWB
- Andrew $26.50 65 1992 Category*5 Clinton
- Ivan $23.30 124 2004 Category*5 GWB
- Irene $16.60 56 2011 Category*3 Obama
- Charley $15.10 40 2004 Category*4 Bush
- Rita $12.00 62 2005 Category*5 Bush
- Frances $9.85 49 2004 Category*4 Bush
DID those events occur? WERE they the FAULT of BUSH???
Recession started when the decline in GDP growth started in 2000!
Dot.com bust as the above show STARTED in Clinton's presidency AND BUSH had to clean it up!
NOW as far as jobs???
ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
Not my words THE UNITED STATES DEPARTMENT OF LABOR!!!!
At the total people
end of working
2000...... 131,785,000 2,792,000 dot.com and recession starting!!!
2001...... 131,826,000 41,000 dot com Recession that started 3/01 ended 11/11 /9/11
2002...... 130,341,000 -1,485,000 effect off 9/11
2003...... 129,999,000 -342,000
2004...... 131,435,000 1,436,000
2005...... 133,703,000 2,268,000
2006...... 136,086,000 2,383,000
2007...... 137,598,000 1,512,000
2008...... 136,790,000 -808,000 Sep 18,2008 $500 billion withdrew almost collapsing world economies!
5 million net more people working then at the end of 2000.
So Starting with 131,785,000 and ending with 136,790,000 what is the difference????? 5,005,000 more people then in 2000