jreeves
Senior Member
- Feb 12, 2008
- 6,588
- 319
- 48
That is simply wrong. If that had happened, it would not have been such an anemic, jobless recovery.
Unrealistic mortgage interest rates and huge deficit spending had more to do with the recovery. But the cost of Bush's short-sighted policy was weakening the dollar, increasing our debt load, and postponing serious economic problems in a manner that will make them much worse.
Hmmm.....Thought a recession refers to positive and negative growth of economic activity, not unemployment isolated?