[Info-vax] HP stopping VMS paper documentation ?

[JF Mezei]

George Cook wrote:

> Bush created too much prosperity.  Well, actually, the fed created too
> much by keeping interest rates too low.  The result was a runaway
> housing boom which, with the help of Barnie Frank and his comrades,
> caused the mess we are in.  People forget that Bush kept unemployment
> near 5% (i.e., full employment) at least partly with tax cuts until
> the bubble burst.


Bush got in and inherited the .com bubble burst amplified by 9-11
(especially the self inflicted harm to the airline industry).

Construction stood out as the saviour, the beacon of economic activity
to compensate for everything else having gone sour, so the made that
happen as much as they could.

The "easy" rules had been in place for a ong time (under democrats) but
I suspect that they got abused during 2001-2008.

Manufacturing jobs continued to be lost during that period. And the auto
industry wasn't doing well either. Remember that they also went belly up
 in the bank meltdown of 2008-2009.