Originally Posted by JeromeJohnson

No, there was no Recession in 1992. There was however a very mild recession in late 1990 with the last qrtr of 90 and the first of 91 realizing negative growth.

1992 realized an excellent economy, which was being reported by the same mainstream media which talked down the outstanding economic performance of Bush fiscal and tax policy. But that was only fair considering they talked up the ruinous tax and fiscal policy of the Clinton regime.

"Its the Economy Stupid" which the Clinton campaign and its sycophants in the MSM media heralded in an hourly basis, falsely claiming that 1992 was "the worst economy in 50 Years!" In fact, 1992 realized nearly 6% growth in GDP which out performed four of the 8 years of the Clintonomy.

Ironically, the last year of the Clintonomy was outperformed by "The Worst Economy in 50 years by a full 2 percentage points and th last year in which its economic policy remained fully in effect "The Worst Economy in 50 Years" outperformed Clintonomy Policy by nearly 5 percentage points.

Now this is according ot the Bureau of Economic Analysis, but all they do is crunch economic data so they're objectivity is automatically suspect.