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the the is offline
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Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
First is true and good.

Last seems to be true and is very good.

Disagree on the middle two, though. Inflation is crazy, the only reason it can even be argued that it is not out of control is messing with the numbers.

And IMO when the GDP numbers for the current Q come in, it will show we are in the first half of a "2 consecutive quarters of negative GDP" definition recession. (And, even if not, it is so razor close that it really is just semantics).
Old 08-27-2008, 06:41 PM
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