From: lazypadawan	Date: May 5th, 2008 03:12 am (UTC)		(Link to this entry)

Tell me about it! The Dems and their handmaidens in the media keep throwing around the R-word, knowing that most people haven't a clue what defines a recession in the first place. If they keep saying it, why, it must be true! It worked in 1992 and they're hoping it will work today.

	From: frail_entity	Date: May 5th, 2008 03:45 am (UTC)		(Link to this entry)

Gah! 5% unemployment?? What are we? A third world country??

	From: hollie_is_right	Date: May 5th, 2008 05:14 am (UTC)		(Link to this entry)

Just passing through. Don't mind me.

	From: reality_hammer	Date: May 7th, 2008 03:45 am (UTC)		(Link to this entry)

Dear traveler:

You've been randomly selected for more vigorous screening. Please step this way and remove your shoes....

	From: darthbeckman	Date: May 5th, 2008 06:27 am (UTC)		(Link to this entry)

Yes, it "grew" thanks mostly to inventory accumulation.

	From: reality_hammer	Date: May 7th, 2008 03:46 am (UTC)		(Link to this entry)

And government spending.

	From: lilliew	Date: May 5th, 2008 04:03 pm (UTC)		(Link to this entry)

Gas and food prices are up, obviously it must be a recession? The Democrats say it's so, so obviously it's true!

	From: carbonelle	Date: May 5th, 2008 04:51 pm (UTC)		(Link to this entry)
	My husband is predicting financial armageddon.

In this case, I suspect that the Democratic opportunistic doom-and-gloom contingent are underestimating how rocky it's going to get...

My money is on stagflation, not recession.

	From: skyfirefox	Date: May 5th, 2008 11:04 pm (UTC)		(Link to this entry)

The press loves to play around with the term "recession" don't they?

Like during the 1992 presidential campaign? Bill Clinton's friends in the media kept running the word "recession" 24/7 around the clock and tying it to George H.W. Bush. Then after Clinton's victory, all mention just vanished.

A few publications even retracted and said, "Oh wait. The recession wasn't that bad after all."