Coming up on 8 years now! Deregulating the financial market, to "help" American companies compete was a sure stupid idea. These are now the firms that are Bankrupt or in big trouble. John voted for it all the way, and guess what, Obama opposed it. John has trouble adding up how many houses he has, and calls himself a maverick after voting with George 95% of the time last year and 100% this. Trust the economy to this guy? Scary!
I asked my mom what she thought on this poll and she says that we are in a recession and have been now for quite some time. However our government does not want to admit it.
But it is not announced that we are in a recession officially until the numbers are in. And it also depends on which numbers you are using. In other words, you only know a recession has taken place (if you are simply reading the numbers) after the event.
A recession is consecutive quarters of negative economic growth. The last quarter of negative growth in the United States was the first quarter of FY 2001.
Coming up on 8 years now! Deregulating the financial market, to "help" American companies compete was a sure stupid idea. These are now the firms that are Bankrupt or in big trouble. John voted for it all the way, and guess what, Obama opposed it. John has trouble adding up how many houses he has, and calls himself a maverick after voting with George 95% of the time last year and 100% this. Trust the economy to this guy? Scary!
it hasn't stopped some media talking heads from calling it a recession....
It depends on how you count the figures.
I asked my mom what she thought on this poll and she says that we are in a recession and have been now for quite some time. However our government does not want to admit it.
But it is not announced that we are in a recession officially until the numbers are in. And it also depends on which numbers you are using. In other words, you only know a recession has taken place (if you are simply reading the numbers) after the event.
I was just about to point that out. It isn't officially a recession yet.
A recession is consecutive quarters of negative economic growth. The last quarter of negative growth in the United States was the first quarter of FY 2001.
We've been in a recession for a while. We're actually in a depression now, but no one wants to admit it.