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Originally posted by Quazga
So I saw a thread on here mentioning that the recession is liberal lies?
Originally posted by Jemison
I am glad to see that there are people responding that know the definiton of 'recession' and that others, are pointing out that while this may not fit the criteria, just like your example showed, there are exceptions to every rule and perhaps we are in economic times that might be that exception.
Originally posted by jamie83
Originally posted by Quazga
So I saw a thread on here mentioning that the recession is liberal lies?
And so you feel the need to perpetuate the lies?
The 6.1% jobless rate is just that -the jobless rate. It does not define a recession. Economists have been predicting a recession since last fall. Coincidentally these predictions began about the same time serious campaigning began for the 2008 election.
Funny thing was at the end of the 2nd quarter the economy was growing at an annual rate of 3.3%.
Perhaps you should review the motto of ATS.
This isn't a matter of there being an exception to a "rule."