Bad news for the white guy

great. shouting three headlines doesn't mean jack shit. how about relatively? compared to income?
how about over the last (few years)?
 
You may not wish to ask those questions if you support the thrice awarded purple heart winning silver star wearing verteran
 
Nonsensical. Nonsensical? Are you nuts woman? I've been exceptionally quiet regarding the economy (except for the ocassional poke ay Kerry).

This may be a good time to catch up with old stories:
Did the United States economy go through a recession in 2001 or did it not? Only the National Bureau of Economic Research can say for sure, but others with a political bone to pick are sure to weigh in on this normally arcane question.

With an election under way in the United States, the 2001 recession is once more coming under the microscope, courtesy of some new data released Friday by the U.S. Commerce Department's bureau of economic analysis (BEA).

Until then, the answer to the question was obvious: of course it did.

The NBER, the accepted arbiter of recession dating in the United States, had declared that the recession lasted from March until November of 2001. And the official data on U.S. gross domestic product said the economy had contracted in each of the first three quarters of 2001, which easily met the conventional rule of thumb that two consecutive quarters of decline equals a recession.

It was all very tidy until Friday, when the BEA released its latest GDP numbers, including historical revisions going back to 2001. Such revisions, which are based on more complete information than was available earlier, are routine.

But the BEA changed the 2001 story. The new version is that the economy contracted in the first quarter, grew in the second quarter and then shrank again in the third quarter before embarking on the steady expansion that has continued to this day.
Click to expand...

The Globe & Mail. a Canadian service. Don't make me pull out the unemployment comparrison charts.
 
BeardofPants said:
That's right - blame the woman for man's inane ramblings. :p
Click to expand...

Women are responsible for more of men's inane ramblings than anything else on earth, dear. ;)
 
BeardofPants said:
Yeah, if you say it enough, you might just believe it. :grinyes:
Click to expand...

How many men have made utter fools of themselves just trying to talk to you? Now multiply that by the number of women in the world, and you'll get the point, you pants-thieving troublemaker, you! :p
 
You must log in or register to reply here.
Back
Top