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To: mandaladon

Just wait until it’s officially announced “We’re in (another) Recession!” Lately the economic stats have been dismal: persistently high jobless claims, drops in the regional Fed manufacturing indices to negative territory, downward revisions in GDP “growth.” We are definitely back in a recession, but it takes time for the national numbers to be “revised” and “digested” before it is generally accepted.

I expect the official announcement sometime in August or maybe as late as September. Once that happens, you can officially stick a fork in 0bama. He’s done.


21 posted on 06/21/2012 11:00:29 AM PDT by henkster (Why should I care? Why should I care?)
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To: henkster
Just wait until it’s officially announced “We’re in (another) Recession!”

DJIA
12634.69 -189.70‎ (-1.48%‎)
Jun 21 2:08pm ET - Disclaimer

Put together a two more days like that and it is going to impact the polling. Obama treads watter when the Dow is up over 12,000. If it goes below that people are going to freak when they get there quarterly 401K statements.
30 posted on 06/21/2012 11:11:49 AM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: henkster
I expect the official announcement sometime in August or maybe as late as September.

YOu don't think they'll hold off until after the election? His willing allies in the press will just cover up the story. Or fabricate something entirely different.

I hope you are right though. Just skeptical.
122 posted on 06/22/2012 12:06:25 PM PDT by CottonBall
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