|Man Without Qualities|
Wednesday, July 31, 2002
Senator Clinton says her husband's administration left the economy in great shape, and now the Republicans have messed it up:
"It's harder (sic) to imagine a faster, more heartbreaking turnaround than the one we've seen."
But according to the Commerce Department today: The revised figures for 2001 now show that instead of contracting for just the third quarter, the economy actually shrank — although modestly — for three straight quarters. The new figures show that the economy contracted by 0.6 percent in last year's first quarter, by 1.6 percent in the second quarter and by 0.3 percent in the third quarter.
Well, you've got to hand it to Hillary. With a recession starting the very day she and her husband left the White House, it is surely true that "It's hard to imagine a faster, more heartbreaking turnaround than the one we've seen." The "turnaround" just means the exact opposite of what Hillary suggests it means.
But, hey, who's counting those fiscal quarters? Certainly not the "mainstream media!"
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