Emerald Elixir

And here is an off-topic response to you…

At the start of 2001 the Fed Funds Rate was 6.5%. On December 11th the Fed cut the rate for the 11th time in that year. The Fed Funds Rate then stood at 1.75%. The tax cuts were enacted in the same year. Here is a link to the Democratic Senatorial response to the Bush proposal. Much that is in it was incorporated into the package that was enacted.

http://democrats.senate.gov/~dpc/pubs/107-1-122.html

Here are the President’s comments when the bill was signed.

http://www.whitehouse.gov/news/releases/2001/06/20010607.html

Not much regarding the “massive crash” or the threat of a “deep depression” there.

The recession lasted from March 2001 until November 2001.

Btw, the bubble burst on January 1, 2000 when Y2K came and went and nothing terrible happened. It took awhile for people to start to notice.

Call yourself whatever you like. Fiscal irresponsibility is neither liberal or conservative.

Btw, you have noticed that tax cuts are being extended and spending is being increased in this era of growth without inflation, haven’t you? Who’s in the majority?

On topic…

TmjUtah

Then you know what I mean.