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Originally Posted by Outofdodge  A "recession" is usually determined after the fact. Also I am curious why Ben Bernanke would be engaged in political posturing? |
Because his boss (Bush) told him to?
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Originally Posted by aft_lizard01 That may be what the dictionary says, but real economist's say we aren't in a recession and in fact we are starting to pick up steam, the dollar has gained again and oil has dropped again from its peak of 120 to 112 based on those gains. |
That would explain Warren Buffet's comments?
Or the rebate checks are doing just exactly what the administration wanted. Wow, think how good the economy will be after I get mine!!!