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I don’t know how many times I’ve heard over the past six months that a recession is official after two quarters of negative economic growth.  It’s not as if times aren’t obviously tough; if the past 9 to 12 months wasn’t a recession I don’t know what it was.  At any rate, we’ve all been waiting on the official word. It came today from the National Bureau of Economic Research, the body of economists which the government, academia and the private sector look to for the official call on recessions and expansions in the U.S. economy.” source...
posted 1 month ago in research, government1 view | 1 jaa | reply )

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