NPR talking to a Treasury official: "Do you think we could be headed for a Recession?"

[Junkdrawer]

The official, of course, said it was too soon to say...

:wow:

Another driveway moment....

[Jackpine Radical]

1. Mabe they're having a fund drive & don't want to dry up their rich contributors.

[TwilightGardener]

2. "Say, fellas...ya think there might be something to this rumor that the economy

isn't doin' so good?"

[UnrepentantUnitarian]

3. Incredible!

We've been in a recession for months. The country's population grows every day, every week. It would take a job-growth of about 100,000 per month just to keep pace with the population growth, but instead we've seen job decreases, month after month. If that's not a recession, then what is it?

[nadinbrzezinski]

6. The second component has not hit us YET

that is the GNP reduction

That said, IMF and others are there, but Treasury will not

[BrklynLiberal]

4. Recession? We are way past recession and heading right toward Depression..

[nadinbrzezinski]

5. That actually is SOP... for treasury

So I am not surprised

They will also wait until they have in HARD data... problem is the early leading edge of that hard data is here

[charlie]

7. And after they get the hard data

it's usually 3 months before it's "adjusted", almost always downward. It's a fucking puppet show.

[nadinbrzezinski]

8. At this point they will not have a choice but to go back to the methods used

in the 1970s, as nobody is buying the shit they're selling and that includes the IMF

[tom_paine]

9. LOL! Everyone's working REAL HARD to catapult the propaganda

It's another For the Good of the Country, we MUST ALL repeat whatever Bushie Lies they tell us to. moment.

Totalitarianism and it's bootlicking followers make me laugh. So predictable. So uchangeable. So unlike Free People.

:rofl:

[WannaJumpMyScooter]

10. yeah, and the Titanic was headed for

ice cubes

[Junkdrawer]

11. "Captain, do you think this will delay our arrival?"

"I have a very important golf game scheduled for that day."