Zim:
I will grant you that liquidity withdrawn after the Y2K emergency fizzled adversely affected economic growth in 2000 and 2001.
Wingers are also in denial about how advantageous conditions were when Bush took office, despite the collapse of the Nasdaq bubble.
http://www.academycomputerservice.com/economics/charts.htm
The Nasdaq ballooned in 1999 and collapsed in 2000. Hardly an economic tragedy compared to Bush and the boys driving our economy off a cliff.
http://www.nyse.tv/nasdaq-composite-history-chart.htm