Here's the offical GDP data. Show me the recession. The first number is in current dollars, the second number is in 2000 dallars (takes into account inflation)
2000q4 3.8 .. 2.1
2001q1 2.8 .. -0.5
2001q2 4.4 .. 1.2
2001q3 0.2 .. -1.4
2001q4 3.6 .. 1.6
2002q1 4.3 .. 2.7
2002q2 3.7 .. 2.2
2002q3 3.9 .. 2.4
2002q4 2.4 .. 0.2
2003q1 4.4 .. 1.2
2003q2 4.8 .. 3.5
2003q3 9.7 .. 7.5
2003q4 4.9 .. 2.7
2004q1 7.8 .. 3.9
2004q2 7.9 .. 4.0
2004q3 5.3 .. 3.1
2004q4 5.9 .. 2.6
2005q1 7.0 .. 3.4
2005q2 5.8 .. 3.3
2005q3 7.6 .. 4.2
2005q4 5.1 .. 1.8
2006q1 9.0 .. 5.6
2006q2 6.3 .. 2.9
Not even 1 Quarter of Negative Growth since 9-11
Thanks for the info. I can show him this and there is no need to go any further when his initial premise is flawed.