If I remember rightly he told us we were out of the recession a goodly number of months ago.
Is he signalling a Double Dip Recession and if so, does he own it?
1 posted on
07/08/2011 9:10:57 AM PDT by
sr4402
To: sr4402
The Great Obama Recession is based on a combined factor of the unemployment rate and the rate of growth.
It's like the Misery Index.
2 posted on
07/08/2011 9:45:23 AM PDT by
muawiyah
To: sr4402
“Leaving” the last recession is statistical fiction created by the massive federal “stimulus” spending since federal spending is counted as GDP. A true misnomer if there ever was one.
3 posted on
07/08/2011 9:59:48 AM PDT by
Justa
To: sr4402
Would somebody please tell me we we exited the last recession?.....I don’t watch a lot of TV so I must have missed it.........
4 posted on
07/08/2011 10:19:36 AM PDT by
Red Badger
(Casey Anthony: "Surprise, surprise."...............)
To: sr4402
According to WSJ, transcript, he said “We’ve always known that we’d have ups and downs on our way back from this recession.” So they’ll defend it as meaning the recession we’re allegedly recovering from.
5 posted on
07/08/2011 10:25:31 AM PDT by
Sloth
(If a tax break counts as "spending" then every time I don't rob a bank should be a "deposit.")
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson