Re: Q1 2008 - another non recession quarter



old.salt@xxxxxxxxxxxxx wrote:
On Wed, 30 Apr 2008 08:59:15 -0400, "FYIS" <Danl_K@xxxxxxxxxx> wrote:

"wudda, cudda, shudda".
Complain all you want, OS; the US, without two consecutive quarters of declining GDP, is NOT in a recession.

Yes it is fool. What you like to claim as what a proves a
recession is bull***. As I have posted here before, which you did
not reply to at all at the time. There is only one group that
declares if there is or is not a recession, and they use a number of
factors to figure this out, and the GDP is ONLY one of many.

Anyone who only points to the GDP as the only thing that
determine if there is a recession is an ***, like you and Bush
have proven.

Technically ..... No Recession

http://www.forbes.com/businessinthebeltway/2008/04/30/economy-recession-fed-biz-wash-cx_jz_0430econ.html
.


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