[Strutt9]

While you stated the truth... MSM inorder to help the Demorats will continue to call it a recession.

[Dad yer funny]

well , of course the democRAT Doom&GloomDrumbeat continues ...

right now ( 7:40am ) Maxine Waters is given plenty of time on C-SPAN

[Tahoe3002]

“Worst economy in 50 years” redux

Seems to be appropriate now, as the above statement was not true then and is not true now.

[Vanbasten]

I argued this all day yesterday. I agree with you though.

The liberals want to say that it is not the definition of recession. They prefer to use the NBER definition which is much more vague...

“A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough.”

[nicola_tesla]

The growth measurement is dependent on inflation.

So, if you believe the gov’t inflation numbers you get this anemic growth. If you believe the gov’t underreports inflation, then ...

[MIchaelTArchangel]

The left (Communists, Socialists, Democrats, etc.) are masters of the lie told but not opposed and told over and over and over again become, in many people’s minds, the truth.

[Constitutionalist Conservative]

We seem to have a recession every four years (but only when a Republican occupies the White House).

[Mogollon]

Since the democRATS took over congress in Jan 2007 the rate of growth has diminished from over 2.4 to 0.6%. Correlation coefficient is 1.0 +/- 0.05.

[Candor7]

Thanks, great article.

I promptly e-mailed it to my financial advisor/investment broker.