Growth Slow, but Exports Help Stave Off Contraction

Discussion in 'Economy' started by Angel Heart, Apr 30, 2008.

  1. Angel Heart
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    Angel Heart Conservative Hippie

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    http://www.nytimes.com/2008/04/30/business/30econ-web.html?ref=business

     
  2. TopGunna
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    Looks like the US economy is actually not in a recession - by the definition of two quarters of negative economic growth.

    That being said, a recession is still a very real possibility until the dollar rebounds to drive fuel and food prices down.
     
  3. Angel Heart
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    Angel Heart Conservative Hippie

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    I think it's always a possibility. Even when it's zooming along there's a chance of it. Right now we are greater risk but can still prevent it. People need to really open up their eyes and realize that things are not as bad as the press and politicians want to make it out to be.
     

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