Added: 3 years ago
From: PolitikalJunkie
Views: 128
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  • are suffering ! GOOD welcome to the club...............Stupid REPUBLICANS are out of touch with reality. Have a great day you Winers.

  • What a Idiot! He sounds like a uneducated fool .Man gives a speech like a kid? An to think people voted for this Moron is unbelieveable.Bush and chaney sold us out! If you voted for these assholes and

  • Please tell me no one was actually WAITING for him to offically say we're in a recession....

  • No, thankfully.

  • Recession..? No shit Sherlock..?! Man this guy sucks...

  • It wasn't a recession until recently. People didn't start losing their jobs until a few days. Half a million jobs disappeared a couple of days ago.

  • The recession officially started in December of 2007, according to the NBER.

    What does your job loss stat have to do with whether we have been in a recession?

  • How was it a recession way back then. All of the problems didn't start until last September.

  • By 'last September' do you mean this past September? If so, you're absolutely wrong. If you mean September of 2007, then yeah a recession can begin 'way back then'.

    Have you read the NBER report?

  • Well that's when FF/FF went under and the stock market went to shit so yeah this past September.

  • Fannie Mae and Freddie Mac folding is when we whistled past the graveyard.

    Have you read the NBER report?

  • No I haven't read it. I don't even know what NBER is.

  • NBER is the economic wonk group that prompted Dubya to make this speech by revealing how we've been in a recession since December of 2007.

  • Any sources or did you pull that out of your ass?

  • Are you kidding me? READ THE NBER REPORT, IT'S MY SOURCE.

    There, easy to read and digest, no?

  • Do you have a link? I'm sure they have many reports.

  • I would assume they have 'many reports' as well but the most recent one is probably their most well-known.

    Since it's the season for giving, however, here you go:

    nber*org/cycles/dec2008*html

    With the money quote:

    "The committee determined that a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession."

  • Thank you.

  • So what do you think of it?

  • Only a few more months of this failure until his problems can be righted.

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