Wednesday, January 30, 2008

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:

boilerdowd said...

It's a slump...kind of an economic funk.

Damn you with your English language definitions.