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The Perversions Of The Federal Government

HFNYHFNY Member Posts: 5,352 Standard Supporter
in Tug Tavern
The most extreme perversions (shout-out to @Lawrence_of_a_Labia for the hell of it ) of the various Congresses and Presidents has been the explosion in mandatory spending and continued meddling in the housing market:

https://confoundedinterest.wordpress.com/2016/02/20/fed-rollercoast-obama-gdp-averaged-1-76-gwbush-gdp-averaged-1-79-but-wildly-different-fed-response/

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  • 2001400ex2001400ex Member Posts: 29,457
    Except for those 2 recessions started during Bush's presidency.
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  • HFNYHFNY Member Posts: 5,352 Standard Supporter
    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.
    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

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  • bananasnblondesbananasnblondes Member Posts: 15,481
    Nobody on this site should be against perversion
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  • 2001400ex2001400ex Member Posts: 29,457
    HFNY said:

    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.

    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

    I'd look up the timeline of recessions again. Cause you are wrong.
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  • pawzpawz Member, Moderator, Swaye's Wigwam Posts: 22,238 Founders Club
    2001400ex said:

    HFNY said:

    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.

    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

    I'd look up the timeline of recessions again. Cause you are wrong.
    Honda Fucking Stupid.
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  • 2001400ex2001400ex Member Posts: 29,457
    pawz said:

    2001400ex said:

    HFNY said:

    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.

    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

    I'd look up the timeline of recessions again. Cause you are wrong.
    Honda Fucking Stupid.
    https://en.m.wikipedia.org/wiki/List_of_recessions_in_the_United_States

    March of 01. Can you read?

    The discussion is who's recession. Clearly it was the natural cycle after Clinton left office. But it still started after Clinton left office.
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  • HFNYHFNY Member Posts: 5,352 Standard Supporter
    It's kind of semantics as a recession technically means two quarters of negative growth but that didn't actually happen from the 2000-2003 "recession". The Nasdaq peaked in March of 2000 and growth was already slowing significantly:

    2001400ex said:

    pawz said:

    2001400ex said:

    HFNY said:

    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.

    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

    I'd look up the timeline of recessions again. Cause you are wrong.
    Honda Fucking Stupid.
    https://en.m.wikipedia.org/wiki/List_of_recessions_in_the_United_States

    March of 01. Can you read?

    The discussion is who's recession. Clearly it was the natural cycle after Clinton left office. But it still started after Clinton left office.
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  • 2001400ex2001400ex Member Posts: 29,457
    HFNY said:

    It's kind of semantics as a recession technically means two quarters of negative growth but that didn't actually happen from the 2000-2003 "recession". The Nasdaq peaked in March of 2000 and growth was already slowing significantly:



    2001400ex said:

    pawz said:

    2001400ex said:

    HFNY said:

    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.

    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

    I'd look up the timeline of recessions again. Cause you are wrong.
    Honda Fucking Stupid.
    https://en.m.wikipedia.org/wiki/List_of_recessions_in_the_United_States

    March of 01. Can you read?

    The discussion is who's recession. Clearly it was the natural cycle after Clinton left office. But it still started after Clinton left office.
    You do know the difference between stock market and economy, right?
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  • HFNYHFNY Member Posts: 5,352 Standard Supporter
    Of course and often, the stock market peaks roughly 6 months before the economy starts diving.

    Again, if you look at GDP chart I posted, growth peaked in 1H of 2000....it then declined significantly and bounced between negative growth and barely any growth. GDP growth didn't reach at least 4% again until 2H of 2003.
    2001400ex said:

    HFNY said:

    It's kind of semantics as a recession technically means two quarters of negative growth but that didn't actually happen from the 2000-2003 "recession". The Nasdaq peaked in March of 2000 and growth was already slowing significantly:



    2001400ex said:

    pawz said:

    2001400ex said:

    HFNY said:

    The tech bubble burst and Clinton's recession started in spring of 2000. Bush took office in January of 2001 so like Obama, he inherited a recession as well.

    2001400ex said:

    Except for those 2 recessions started during Bush's presidency.

    I'd look up the timeline of recessions again. Cause you are wrong.
    Honda Fucking Stupid.
    https://en.m.wikipedia.org/wiki/List_of_recessions_in_the_United_States

    March of 01. Can you read?

    The discussion is who's recession. Clearly it was the natural cycle after Clinton left office. But it still started after Clinton left office.
    You do know the difference between stock market and economy, right?
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  • priapismpriapism Member Posts: 2,294
    image
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