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Day by Day

Day By Day© by Chris Muir.

About AlphaPatriot

In real life, AlphaPatriot is Darrell Carden.

The views presented on this site in no way reflects those of my employer, family, friends, acquaintances or distant cousins as these generally fall into three categories: the smart ones that agree with me, those that tolerate me because of my wit, charm, great intellect and modesty, and those who think that I'm a raving wingnut who's one Kennedy away from going medieval on the next vegan moonbat that barks.

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Proof that It Really Was the Clinton Recession

Way back in July I produced the proof that Bush inherited the Clinton recession. Well, the National Bureau of Economic Research has finally determined the same thing:
The NBER's Business Cycle Dating Committee has already ruled the downturn began in March 2001 and ended in November 2001. But changes to economic data by the Commerce Department now show the economy first contracted in the third quarter of 2000, rather than the first quarter of 2001.
That's the third quarter -- back when all the Dems were sooo confident that the Gorebot would walk to easy victory. Now even the most biased Bush-hating liberal will have to admit that the recession wasn't Bush's fault. As if any president can be responsible for the economy in the first year of his presidency.

Blog post #1932 in category Economics
posted 10 December 03