Quote:
Originally posted by ktsnake
Several things that I don't understand... How does anyone equate a poor economy with the president or the congress? We have something called a free market economy. Legislation (unless it's sweeping reform) will usually have little if anything to do with the economy. The Fed does regulate interest rates which is the amount of interest that banks charge eachother... That's about it though.
It's the free market... Enron, Arthur Anderson et al. How can you draw the connection to the President? The recession began when Bush entered office.. or actually before that right after the Clinton white house. How can you even make the connection to this administration? (and I'm not saying Clinton had anything to do with it either)
It's just smoke and mirrors any way you look at it.
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Its simple. Bush is a Republican and Zke is a Democrate , therefore it's Bush's fault that the stock market took a plunge at the end of Bill Clinton's term as President. Its Bush's fault that companies like Lucent went from $80/ share to .50 even though Bush had yet to be elected.
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