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because, after thelast detail all, percentage points don't have souls, so we can leave them to die without any pangs of conscience. [ ...reply just to this | comment on the story... | next new ] 99. Re: Now year 6 of the "Clinton Recession" by Megabazus at Thu 1 Sep 1:53amscore of 2 helpful in reply to comment 33 The idea thelast detail that a President's economic policy won't be felt until years later is ludicrous. The thelast detail government has two tools with which to influence the economy. Monetary policy and fiscal policy. It can take a long time before changes in monetary policy ripple through the economy, because businesses have to reassess investment opportunities and so forth, but the President doesn't control monetary policy. The President and Congress control fiscal policy, and when fiscal policy is changed the effects are felt immediately. When Bush passed his tax cuts we all got money pretty quickly. The impact of that money was felt immediately, it will not show up in statistics 6 years from now.
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