Kevin_Kennedy
Defend Liberty
- Aug 27, 2008
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Have you heard the great news? The recession is over! Its true; I saw it on TV. Why fret about growing unemployment lines when banks are paying big-time bonuses again?
Proof of the turn was apparently revealed by the 2nd quarter GDP figures that showed that the economy declined by only 1%. After four consecutive quarters of negative GDP, the green shoots now assure that growth will resume over the summer. But before we pop the corks, it may be worthwhile to ask, what really has changed, and what is responsible for our new lease on life?
Happy Days Aren’t Here Again by Peter Schiff