To: Nachum
"...high gas prices could lead to another recession..."Oh. So we ARE out of the previous recession, then?
4 posted on
03/13/2012 10:45:02 AM PDT by
rlmorel
(A knife in the chest from a unapologetic liberal is preferable to a knife in the back from a RINO.)
To: rlmorel
“Oh. So we ARE out of the previous recession, then?”
No, we are entering a double secret recession.
To: rlmorel
Officially, and by strict definition, we are out of it and have been for months, maybe years. The recovery has been the most pathetic in 70 years and that's the problem. There just isn't the growth seen with prior recoveries in recent decades.
It's obvious the remedies tried by Obama, Pelosi and Reid were the wrong prescription.
21 posted on
03/13/2012 12:11:53 PM PDT by
newzjunkey
(Santorum: 18-point loss, voted for Sotomayor, proposed $550M on top of $900M Amtrak budget...)
To: rlmorel
Oh. So we ARE out of the previous recession, then? Yes, but only because government spending is figured in as part of the GDP. And we all know what government spending has done under King Barry.
52 posted on
03/14/2012 6:23:53 AM PDT by
Fresh Wind
('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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