Was it still inherited by Clinton or will Bush own this completely.
2007-09-09 03:03:25 · 7 answers · asked by Anonymous in Politics & Government ➔ Politics
Absolutely not. Inflation is not high and other areas of the economy are doing well.............
2007-09-13 01:29:26 · answer #1 · answered by Brian 7 · 0⤊ 0⤋
I just heard on the news that if the federal interest rates go up we may end up in a reccession. That doean't mean that either President Clinton or President Bush inherited. This has to do with our economy.
2007-09-09 10:18:28 · answer #2 · answered by Meecho 3 · 0⤊ 1⤋
Guns and butter (War and tax cuts) guarantees recession, In your house can you spend like crazy and still put money in the bank? well, neither can the United States.
Guns and butter ALWAYS causes recessions. We can only hope that the rich lose their businesses and they learn to stop doing this "Voodoo economics."
It will be inherited by all Americans looking for work or trying to keep their jobs.
2007-09-09 10:11:31 · answer #3 · answered by easy_game_101 2 · 3⤊ 0⤋
The fact that the GOP spent six years spending hundreds of billions that they did not have and borrowing trillions they could not pay back,in the midst of war,and after cutting taxes twice,might have a little to do with it....
2007-09-09 10:22:24 · answer #4 · answered by ? 4 · 1⤊ 0⤋
If there is another recession, blame Democrats and the main stream media who have been hoping for it and predicting it for years.
The secondary blame goes to the housing and real estate industry. People got greedy and now investors are over-reacting.
2007-09-09 10:12:09 · answer #5 · answered by regerugged 7 · 2⤊ 2⤋
Yes.
Recessions are normal in Economics.
They always come and go.
Presidents can't stop them, but they can make them less, make them worse, or just ignore them like Clinton did.
Clinton knew there was a recession coming.
People begged him to cut taxes to make it short.
But, He didn't care because he was having too much fun at sex.
2007-09-09 10:09:05 · answer #6 · answered by wolf 6 · 2⤊ 3⤋
Watch the stock market news. They say there is!
2007-09-09 10:17:55 · answer #7 · answered by PATRICIA MS 6 · 0⤊ 1⤋