>>>I guess I don’t know how to do this Million Man Math. The difference between 4.4 and 7.2 is one percentage point? And didn’t the credit crisis really begin well after September?
The one percent gain was since Septmber 2008. The 4.4% rate was from March 2007. The credit crisis began in July 2007, with the closing of high yield debt markets, the tightening of credit standards and rising of rates for interbank lending. As the story noted, the crisis intensified this past September with the collapse of Lehamn.
Ahhh, I see. I’m not a financial guy so I don’t read that inside info.
It is stunning how the revanchist Establishment has managed to push the starting date of the recession back one year into the Bush administration to protect the Clueless One.
Goebbels Media. "The bigger the lie, the more people who will believe it!"