Quote:
Originally Posted by Highwayman  Wordy is just stuck in Democrat fear-mongering mode. There is no recession, only election year propaganda from a desperate political party. |
You should really quit calling people names. It's not just democrats saying there is a recession and you know it. Besides Fox news is not exactly a good source of economic interpetation. Technically we are not in a recession only because a recession does have a bench mark and it requires two successive quarters of a decline in GNP. It's basically a retroactive designation.
The other bastion of right leaning news gathering, the one actually employing journalist has a much more balanced presentation of the same story. I'm not sure if this is on the free side or of the paid side of the wall street journal site so if you don't subscribe to it and want to read, email me an addy and I'll send a copy.
GDP Expands Slightly, But Gloomy Signs Persist - WSJ.com