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Is It A Rule?
October 10, 2013
Posted on 10/28/2013 11:30:46 AM PDT by MosesKnows
Is It An Economic Rule
Can America have her next recession before her current recession ends? Perhaps I should first ask if the recession ended in June 2009 as Obama reported.
I had just assumed Obama lied.
posted on 10/28/2013 11:35:35 AM PDT
(Scrutinize our government and Secure the Blessing of Freedom and Justice)
There are no rules only definitions.
By that, I mean there are no rules that dictate that economic activity has to go up before it goes down.
But the definition of a recession applies. If you don’t meet the definition criteria of a recovery then you don’t have two recessions, you have one long recession.
posted on 10/28/2013 11:36:49 AM PDT
2 quarters of growth official rule means recession ended?
But did it if the growth was fueled by Trillions in new Fed paper?
posted on 10/28/2013 11:37:05 AM PDT
( Americans, happy in tutelage by the reflection that they have chosen their own dictators.)
Current recession? Why, we’ve had multiple “recovery summers” by now. Surely happy days are here again under our beloved leader.
posted on 10/28/2013 12:06:42 PM PDT
(Senseless legislation does nothing to solve senseless violence.)
Can America have her next recession before her current recession ends?
The Great Depression had many recessions and "recoveries" in it. Things got bad, then a little better (but nowhere close to 1928) then bad again, then a little better, then really bad. Repeat until the government has something better to do than micromanage the economy, like fight a major war.
posted on 10/28/2013 12:18:09 PM PDT
(Everyone get online for Obamacare on 10/1. Overload the system and crash it hard!)
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