Recession? « I Think ^(Link)……

Recession?

Published April 30, 2008 Economy 2 Comments

Quote of the day from JK at Three Sources.
After noting 0.6% growth in q1_2008

So, like New Coke® and Coke Classic®, we have a classic recession, where the economy suffers two consecutive quarters or negative GDP growth, and a “New” recession where a Republican is in the White House and growth is sub par. Got it.

ROFL

2 Responses to “Recession?”

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1 dd April 30, 2008 at 7:30 pm

Thanks for posting this – am sooooo sick of twisted statistics!!
2 jk April 30, 2008 at 9:42 pm

Thanks for QOTD honors, I’m touched.

Also mortified at the typo. Try “two consecutive quarters of negative GDP growth…” Typing is my gift.

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