Recession or not?

Technically we are not in a recession; a recession occurs when economical growth is negative for two or more successive quarters of a year.

So far this year the economy has growen ever so slightly at 1-3% (give or take)for the past few month.

So, the answer to you poll is no we are not.

Now are we headed that away, thats a more of a appropriate question. And a new poll.


What a first post.
quote:
Originally posted by Shortimer52:
Technically we are not in a recession; a recession occurs when economical growth is negative for two or more successive quarters of a year.

So far this year the economy has growen ever so slightly at 1-3% (give or take)for the past few month.

So, the answer to you poll is no we are not.

Now are we headed that away, thats a more of a appropriate question. And a new poll.


What a first post.
What he said. The facts are clear, there is no need for opinion. The economy MUST shrink to have a recession, and it has yet to do so. End of story/poll.

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