Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Oklahoma

Just so I can establish what you are saying- are you saying that the organization that has refereed recessions since the practice began in 1920 should defer to your opinion?


43 posted on 12/03/2008 8:58:50 PM PST by Pelham (Obama: Reconstruction version 2.0)
[ Post Reply | Private Reply | To 42 | View Replies ]


To: Pelham

I’m saying I don’t give a damn what they call it or what they think.

Let’s say some group (somewhere, representing whatever) declares “We are the official definers and we have decided the 1930’s were actually a time of prosperity.” Would their saying so make it so? I don’t even care if they are mandated by a branch of the government to make such proclamations.

The economy is cyclical. Always has been, always will be. I could predict a boom ahead but that doesn’t mean we are in it now. The same goes for last winter. It was easy to predict a recession in the near future but that didn’t mean we were in one then, regardless of what this bunch says now.


44 posted on 12/04/2008 5:25:02 AM PST by Oklahoma
[ Post Reply | Private Reply | To 43 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson