well -- let me see what he has been doing for the last 4 years:
2001 -- Major economic hit -- how bad -- here is what was posted on Zeev's other board: (the link for the whole article)-- http://www.suntimes.com/output/business/cst-fin-crash29.html #msg-4429055 [snip] BAD NEWS BEARS The bear markets since the 1920s, as measured by monthly data on the total return of the Standard & Poor's 500 index:
Market peak-Market trough-- Recovery date-- Pct. drop - Months/decline - Months/Recovery August 1929 -- June 1932 -- January 1945 -- 83.41 -------- 34 ------------ 151 May 1946 -- November 1946 - October 1949 -- 21.76---------- 6 ------------- 35 December 1961-- June 1962 --- April 1963 -- 22.28---------- 6 ------------- 10 November 1968-- June 1970---- March 1971 -- 29.25 -------- 19 -------------- 9 December 1972 Septer 1974 - June 1976 - 42.63 -------- 21 ------------- 21 August 1987 November 1987 ---- May 1989 -- 29.53 --------- 3 ------------- 18 August 2000 Septmber 2002 ----------- NA -- 44.73 -------- 25 ------------ NA --------------------------- I've lived thru every one of these -- note that the Aug 2000 was the worst drop (44.73%) since 1929 --
He handled the crisis mainly by tax cuts and it seems to be working
============ Then there was 9/11 -- so far about 45 Mil Afghans and Iraqis are free and working on our side to kill these bad guys
Also SA killing the bad guys
Also Pakistan killing the bad guys
Some mickey mouse stuff, Education reform, Med savings accounts, Drug ?? bill,
And the worst thing -- signing the McCain/Fiengold Election bill
Other than that one bad thing, looks like he is on the right track to me