where is this continued mantra coming from about ‘rebounding from the recession’ or ‘recovering economy’????
where have i been all this time????
“where is this continued mantra coming from about ‘rebounding from the recession’ or ‘recovering economy’????
where have i been all this time????”
If there is economic growth, as they measure these things, after a period of “recession” (two or more quarters of “negative growth”[What the heck is “negative growth,” you ask? Contraction, that’s what? Why don’t they just say that? Because even if there isn’t any, the word “growth” sounds better.]), you are in a “recovery.” It doesn’t matter how pathetic is said growth, nor how likely it is to be reversed. One percent is one percent, and interested parties will cling to it like a plank of wood in a raging sea.