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  #16  
Old 9/19/09, 10:06 AM
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rmaday rmaday is offline
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Default Re: 29 more states lose jobs
Quote:
Originally Posted by mlarson View Post
Is Bernake a friend of yours?
If the economy grows this quarter (as expected) then the recession is over, correct?
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  #17  
Old 9/19/09, 12:05 PM
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Michael Larson Michael Larson is offline
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Default Re: 29 more states lose jobs
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Originally Posted by rmaday View Post
If the economy grows this quarter (as expected) then the recession is over, correct?
No way.

It takes to consecutive quarters of positive growth to declare it over and even then there is a real possibility of a double dip recession.


You can argue with intelligent people but to argue with a mush head is like trying to grab fog-Thomas Sowell

Never underestimate the difficulty of changing false beliefs by facts. - Henry Rosovsky-Harvard

Michael Larson
Hudson, WI

Services provided in East MN and West WI

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