so when will the Media offically call it a RECESSION

[greenbriar]

and will the dumb nuts at faux blame it on clinton too?

[tekisui]

1. The M$M prolly won't mention it until Summer.

And it will be the Dems in Congress fault.:crazy:

[MADem]

2. The day after a Democratic President is sworn in. NT

[Mike Nelson]

3. I was just going to say...

... when they can blame it on Clinton.

[Zywiec]

4. When there is a decline in the GDP for two successive quarters of a year. n/t

[catzies]

9. THANK YOU! Someone who knows what the ACTUAL DEFINITION IS!

That's rare, in all the discussions about it...

[Warren Stupidity]

17. That is the textbook definition.

"The American National Bureau of Economic Research defines a recession more ambiguously as "a significant decline in economic activity spread across the economy, lasting more than a few months.""
http://en.wikipedia.org/wiki/Recession

Which alternative definition gets around the more than idle speculation that our government is cooking the books to keep things officially low inflation and non-recession.

[sendero]

11. Now...

... everyone who thinks the GDP numbers aren't rigged, raise your hand!

[greenbriar]

5. apparently the "wall streeters" did this morning

or yesterday morning that is why the market was so bad

[Zywiec]

16. That is why the market was so bad?

Yes, the DOW was only up 44 points today.

[Flabbergasted]

6. When we've had a

decline in gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.

We're not there yet.

[fishnfla]

7. I'm all juiced on human growth hormone

I dont know the definition of a recession, but the finacial guy on the radio says, for some reason, it cannot be declared until you have been through it. So we wont know if we are having one now, until later

off to get my injections :hi:

[fascisthunter]

8. After It's Already Happened

who would benefit from such a thing?

[MonkeyFunk]

10. When we're actually in a recession?

:shrug:

[sicksicksick_N_tired]

12. When the depression is over. nt

[gatts]

13. "They" might...

Be waiting until the NasDaq, Dow Jones, or S&P 500 are below their numbers in March, or there's significant economic issues crossing the whole economy, or there are significant economic issues for a large section of the economy for more than six months.

[uppityperson]

14. Many say "recession risk is rising" with a google news search.

http://ap.google.com/article/ALeqM5ghR9Ag9-Rptp9kq8pNLQadtRalhQD8TGSE9O0

http://www.reuters.com/article/ousiv/idUSN1326316520071214
Earlier on Thursday, Greenspan said he raised his view of chances of a U.S. recession to 50 percent from 30 percent, according to CNBC television.

[blondeatlast]

15. Weird--MARTHA STEWART almost said it this morning--no lie.

I turned the tube on and it was just coming on. She blathered about having dinner the night before with the CEO of Bank of America, then said something about "I don't know how you feel about bankers, and I know we're almost in a recession..."

Truly a banner :wtf: moment.

I hope someone has video; I was dumbstruck.

[Double T]

18. Only after THEY have asked the same question another trillion times...........

of their paid corporate shill expert guests.