PBS Clinton Crockumentary Lies About the Economy

FrontPageMag- Whether Bill Clinton was a good president, whether he deserves the credit for balanced budgets and projected surpluses or whether he should have been impeached are matters about which reasonable people can and do disagree. But whether Bill Clinton entered office “in the midst of a recession” and whether, in the fall of ’92 and the winter of ’93, the economy was “still faltering” and “showed few signs of abating” — these are matters of fact.
The National Bureau of Economic Research in Cambridge, Mass., is the official keeper of the U.S. business cycle. It defines a recession as “a period of diminishing (economic) activity.” It tracks when recessions begin (a “peak” — the month when a period of economic growth ends and a downturn begins) and when recessions end (a “trough” — the month when the downturn bottoms out and the economy begins to grow again).
Bill Clinton entered office in January 1993.
According to the NBER, did he inherit a recession? Not even close. The recession began in July 1990 and ended eight months later, in March 1991 — a full 19 months before Clinton was even elected. ---Read more