Not A Recession

[snousle]

Remember back in November when I posted an article about how a majority of Americans persistently believe that the economy is in or near recession when it isn't?

Well, Q1 of 2008 was not a recession.

Just thought I'd let you know.

Comments

[broduke2000.livejournal.com]

We're using El Presidente's soundbite on the air these days:

"It's not a recession................(long pause)............it's....a slowdown."

If I wuz more computer literate, I could actually post the sound file.