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+--- Thread: It's official: Recession since Dec. '07 (/showthread.php?tid=67352)
Re: It's official: Recession since Dec. '07 according to who? - Mac1337 - 12-02-2008
maco wrote:
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
http://money.cnn.com/2008/12/01/news/economy/recession/?postversion=2008120112
http://www.thedenverchannel.com/money/18178391/detail.html#-
If we are in a recession we are in a recession but not according to a no name "National" bureau of who knows what.
Re: It's official: Recession since Dec. '07 according to who? - NeverMind - 12-02-2008
Dakota wrote:
[quote=maco]
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
http://money.cnn.com/2008/12/01/news/economy/recession/?postversion=2008120112
http://www.thedenverchannel.com/money/18178391/detail.html#-
If we are in a recession we are in a recession but not according to a no name "National" bureau of who knows what.
Still waiting for the birth certificate too aren't ya?
Re: It's official: Recession since Dec. '07 according to who? - Mac1337 - 12-02-2008
NeverMind wrote:
[quote=Dakota]
[quote=maco]
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
http://money.cnn.com/2008/12/01/news/economy/recession/?postversion=2008120112
http://www.thedenverchannel.com/money/18178391/detail.html#-
If we are in a recession we are in a recession but not according to a no name "National" bureau of who knows what.
Still waiting for the birth certificate too aren't ya?
I take it you don't have an answer. You really don't have to post when you have nothing to say.
Re: It's official: Recession since Dec. '07 according to who? - JoeH - 12-02-2008
Dakota wrote:
[quote=maco]
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
http://money.cnn.com/2008/12/01/news/economy/recession/?postversion=2008120112
http://www.thedenverchannel.com/money/18178391/detail.html#-
If we are in a recession we are in a recession but not according to a no name "National" bureau of who knows what.
"No name?" They are considered one of the few non-government authorities on the US economy by most economists.
Re: It's official: Recession since Dec. '07 according to who? - lafinfil - 12-02-2008
The "no names" basically invented the method that the government uses to measure the GNP and other economic activity.
They have correctly called every recession to date and are pretty much considered the historic scorekeeper
Re: It's official: Recession since Dec. '07 according to who? - NeverMind - 12-02-2008
Dakota wrote:
[quote=NeverMind]
[quote=Dakota]
[quote=maco]
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
http://money.cnn.com/2008/12/01/news/economy/recession/?postversion=2008120112
http://www.thedenverchannel.com/money/18178391/detail.html#-
If we are in a recession we are in a recession but not according to a no name "National" bureau of who knows what.
Still waiting for the birth certificate too aren't ya?
I take it you don't have an answer. You really don't have to post when you have nothing to say.
I take it you don't know how to do an Internet search. You really shouldn't post a stupid question if you haven't done some basic research first. You make a Palin out of yourself.
Re: It's official: Recession since Dec. '07 according to who? - Mac1337 - 12-02-2008
NeverMind wrote:
[quote=Dakota]
[quote=NeverMind]
[quote=Dakota]
[quote=maco]
NEW YORK (CNNMoney.com) -- The National Bureau of Economic Research said Monday that the U.S. has been in a recession since December 2007, making official what most Americans have already believed about the state of the economy .
http://money.cnn.com/2008/12/01/news/economy/recession/?postversion=2008120112
http://www.thedenverchannel.com/money/18178391/detail.html#-
If we are in a recession we are in a recession but not according to a no name "National" bureau of who knows what.
Still waiting for the birth certificate too aren't ya?
I take it you don't have an answer. You really don't have to post when you have nothing to say.
I take it you don't know how to do an Internet search. You really shouldn't post a stupid question if you haven't done some basic research first. You make a Palin out of yourself.
Where did I ask a question?
Re: It's official: Recession since Dec. '07 according to who? - lafinfil - 12-02-2008
The recession was more fun before it was official and just a story that the media eagerly awaited to report
It's a little harder to shrug off now I suppose - not that you can't give it a try.
Re: It's official: Recession since Dec. '07 - kj - 12-02-2008
It is what it is, no matter what you call it. Some people will prosper, most will probably do fine, and some will be a wreck. Such is life. kj.
Re: It's official: Recession since Dec. '07 - Acer - 12-02-2008
If we are going to retroactively blame the future for the past, why not here?
I blame Obama for Teapot Dome.