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2. 3/1/2016(C) 2003. Taggert J. Brooks 2001  President George W. Bush takes office  Band’s with #1 hits Destiny’s Child Creed 2 Doors Down Shaggy Jay-Lo  http://www.angelfire.com/fl3/musicdays/at40.html http://www.angelfire.com/fl3/musicdays/at40.html  Fashion trends from the Oscars One-shouldered and strapless Red Major updos Curls and waves Trains on dresses Vintage looks Either nude lips or matte red Diamonds and pearls Hair accessories

3. 3/1/2016(C) 2003. Taggert J. Brooks Levy

4. 3/1/2016(C) 2003. Taggert J. Brooks September 11, 2001

5. 3/1/2016(C) 2003. Taggert J. Brooks Economic events of 2001  High flying stock market  Internet bubble  Interest rate increases  Oil on the Rise  Y2K and investment overhang  September 11 th, 2001

6. 3/1/2016(C) 2003. Taggert J. Brooks Stock Market

7. 3/1/2016(C) 2003. Taggert J. Brooks Oil Prices

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9. 3/1/2016(C) 2003. Taggert J. Brooks Consumer Sentiment Falls

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11. 3/1/2016(C) 2003. Taggert J. Brooks Employment

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17. 3/1/2016(C) 2003. Taggert J. Brooks Help Wanted Advertising Index

18. 3/1/2016(C) 2003. Taggert J. Brooks GDP

19. 3/1/2016(C) 2003. Taggert J. Brooks If the Fed’s Uncertain...

20. 3/1/2016(C) 2003. Taggert J. Brooks Other Policy Response  Tax Cuts Rebates to people with dependents Tax breaks for corp. Investment incentives

21. 3/1/2016(C) 2003. Taggert J. Brooks How does this recession compare  Shorter? 8 months versus 10 for post WWII  Shallower

22. 3/1/2016(C) 2003. Taggert J. Brooks Real GDP

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24. 3/1/2016(C) 2003. Taggert J. Brooks Employment

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26. 3/1/2016(C) 2003. Taggert J. Brooks How could policy respond differently?  Cut Interest Rates Quicker? Not raise interest by as much Shouldn’t have pricked the bubble  Tax incentives more directed?  It was inevitable..

27. 3/1/2016(C) 2003. Taggert J. Brooks Data Sources  Bureau of Labor and Statistics  Wisconsin Department of Workforce Development  Federal Reserve Bank of St. Louis  Bureau of Economic Analysis  Economagic.com  MLS