All you seem to hear about now is RECESSION RECESSION RECESSION RECESSION RECESSION RECESSION RECESSION.
I don't think people understand the definition of that word. A recession can only occur when the GDP is NEGATIVE for SIX consecutive months. Minimum. The GDP has not been NEGATIVE at all. Zero months.
How exactly are we in a recession? Umm, we're not. We may not be booming, but the GDP is still positive.
1 comment:
It's a slump...kind of an economic funk.
Damn you with your English language definitions.
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