What facts did I ignore?
Did we ever establish what your native language is?
Every one ever presented to you.
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What facts did I ignore?
Did we ever establish what your native language is?
i posted on this yesterday and apparently, not something people want to discuss. LOL. Because they can't spin this into a good thing. Or can they? Lets see if you get any bites.
Aha! I love the internet:
Friday's report showing further deterioration in the U.S. job market adds another piece of evidence that economy is headed for or has already slipped into a recession. With housing prices plummeting, energy prices soaring and the job market shrinking, this sure feels like a recession to many Americans.
Yet the government reported Thursday that the economy grew at a 1.9 percent clip in the latest quarter, defying the common definition of recession, which is when the economy shrinks for a sustained period.
How is this possible?
Jobs data, GDP stoke debate over recession - Eye on the Economy - MSNBC.com
A lot depends on how you choose to define a recession. Its clear that some industries like housing and auto manufacturing, and regions like parts of the industrial Midwest, are already in a recession. Families struggling with flat wages and rising prices are also feeling the same effects that they would if the entire economy were moving in reverse.
That spending got a sizable boost after the government handed out $100 billion worth of tax rebate checks.
Told you so!!!
That money provided an artificial and temporary lift to consumer spending, which accounts for about 70 percent of GDP.