Just a little historical background since we were getting technical about definitions yesterday,
From the Motley Fool:
"Recession" is defined as a decline in real gross domestic product for two consecutive quarters.
From US Government:
Gross domestic product Qtr statistics: ($1,000.000,000)
91 IQ: 5,886.3 91 IIQ 5,962.0 91 IIIQ 6,015.9 91 IVQ 6,080.7 92 IQ: 6,183.6 92 IIQ 6,276.6 92 IIIQ 6,345.8 92 IVQ 6,469.8
93 IQ: 6,521.6 93 IIQ 6,596.7
From Holden McGroin:
So it appears that there was not a 'decline in real gross domestic product for two consecutive quarters' therefore, the US economy was decreasing its rate of growth rather than shrinking its GDP. Just another definition of 'is' from Willie, and willing accomplices.
Clinton inherited a growing economy.
So... while the economic cycle can be influenced by our government, it is, thank god, not directly tied to the resident at 1600 Penn Ave.
Voting only with your pocket rather than your brain is probably not in the best interests of you, the country, or the world.