The Clinton Recession
Was the recession of 2001 President Clinton's fault? Consider the following: New data from the U.S. Commerce Department shows the economic slump started in January 2001 and lasted through September 2001. George Bush was sworn in Jan. 20, 2001, but his first budget (and, therefore, his economic policies including the 10-year tax cut plan) did not take effect until October 2001. That means the entire 9-month slump fell within the final 9 months of the economic policies of the Clinton-Gore administration. It was Clinton's recession. Bush's tax cut is one reason it ended after just 9 months. Electing senators and congressman who will work to make the Bush tax cuts permanent is critical to strengthening the economic recovery. The legislative records of U.S. Rep Ed Bryant and State Sen. Marsha Blackburn indicate they are most likely to support making the Bush tax cuts permanent if they are elected to the U.S. Senate and Congress from the Seventh District of Tennessee, respectively.