Tweety just let Andy Card get away with saying Bush inherited a rescission in 2001

I know Tweety isn't that stupid. Wonder why he doesn't call him on blatant lies? I have had other wing nuts try this one on me recently. I didn't let them get away with it.

http://money.cnn.com/2001/11/26/economy/recession/

November 26, 2001: 1:58 p.m. ET

Panel says downturn began in March, ending record 10-year span of growth.

NEW YORK (CNN/Money) - The world's largest economy sank into a recession in March, ending 10 years of growth that was the longest expansion on record in the United States, a group of economists that dates U.S. business cycles said Monday.

The National Bureau of Economic Research (NBER), composed of academic economists from Harvard, Stanford and other universities, joined a chorus of economists and investors who were saying that a recession had already begun. The group posted its decision on its Web site.

It ruled that the long expansion ended in March and the nation's tenth recession since the end of World War II began at the same time. The declaration means the longest expansion lasted exactly 10 years. The previous record for uninterrupted economic growth was set in the 1960s, a period of eight years and 10 months lasting from February 1961 to December 1969.

'.. and a surplus of $122 billion. Exactly what happened to THAT, Mr. Card??'

That's the burning question.

remember how the nasdac went down. There was a budget surplus but the national debt continued to rise! I give all presidents for the last 50 years a fail!

The economy was still expanding when Bush took office in February 2001.

So you think Bush did inherit a recession too?

Don

Bill? A nice surplus and a lot of open job positions. Reagan = fail. Nixon = fail. Bush = fail. Easy stuff.

Sit on his thumbs when Terrorist Warnings are sent out and except a War to pull you out of your low polls? Bankrupt the country of Blood and Treasure?

rose the interest rates to cool down the economy.

he also kept them too low during georgee trying to spur growth. which STILL was pitiful compared to clinton and NOT counting the implosion of 08'

Even those idiots admit the recession started in March of 2001 (right after Chimp's first tax "cut" for non taxpaying billionaires......

http://www.google.com/search?q=Recession+March+2001+Fox+News