The U.S. has only had one consecutive quarter of declining growth, correct?
So we really can’t tell when we’re in a recession until after the fact.
I guess it looks like the next quarter will be declining too though.
That is probably right. We have had one quarter of negative growth.
We won’t know about this quarter until Obama is sworn in.
There really will be no reason not to blame it on the democrats.
They had congressin 2006 and blocked finanical reforms and oil and gas reform.