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Reply #13: Have to correct you on the recession thing [View All]

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Grateful

(28 posts) Send PM | Profile | Ignore

Thu Sep-23-04 05:41 PM
Response to Reply #9

13. Have to correct you on the recession thing

Edited on Thu Sep-23-04 05:42 PM by Grateful

To David Zephyr: I read this page often and saw your recession comment.....need to correct you on that: a recession is two consecutive quarters of negative GDP growth. Granted, the economy isn't chugging along at a blistering pace, but we're not teetering on the brink of a recession either. 2004 Q1 GDP growth was 4.5%....Q2 GDP growth was 2.8%.

If we Dems are to be taken seriously then we need to be perceived as folks who know what we're talking about in areas such as economics, social issues, the environment, etc etc.

Peace Out.

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