To: Dead Corpse
First, we have had recessions and worse in the past and we always come out stronger when you let the markets correct. Second, we are NOT in a recession. A recession is not gaged by gut feelings, it is a measurable event- specifically, two consecutive quarters of negative GDP, we have yet to even have one quarter of this to start the trend.
35 posted on
01/22/2008 10:32:06 AM PST by
mnehring
To: mnehrling
“First, we have had recessions and worse in the past and we always come out stronger when you let the markets correct. Second, we are NOT in a recession. A recession is not gaged by gut feelings, it is a measurable event- specifically, two consecutive quarters of negative GDP, we have yet to even have one quarter of this to start the trend.”
You’re right - we’re seeing stagflation.
Bush is the new Carter.
37 posted on
01/22/2008 10:33:45 AM PST by
GovernmentIsTheProblem
(We are not to expect to be translated from despotism to liberty in a featherbed. - Thomas Jefferson)
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