Clinton Recession

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Clinton Recession is a political slogan, primarily used by Republicans to place blame for the 2001 recession on former President Bill Clinton.

The phrase gained additional mention on February 9, 2004, when President George W. Bush's Council of Economic Advisers produced an economic report which changed the start of the recession from the widely accepted date of March 2001, to the fourth quarter of 2000. This was seen by some as an attempt to blame Clinton, who was still in office during that period. The change was due to a downward revised forth quarter GDP growth, which is done from time to time by the fed, sometimes up sometimes down.