Dodge a recession, my ass. WTF is wrong with these clowns.

[JanMichael]

http://news.yahoo.com/s/nm/20080610/bs_nm/economy_bluechip_dc

WASHINGTON (Reuters) - Economists have trimmed forecasts for U.S. growth in the second half of this year and in 2009, but more have come to the view that the United States will dodge a recession, a survey released on Tuesday showed.
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Blue Chip Economic Indicators, a monthly newsletter, said 53.5 percent of the 48 private economists surveyed for its June issue do not believe the U.S. economy is in or will enter a recession in 2008, up from 40 percent in the May survey.

[GOPBasher]

1. by the technical definition that's true, but who cares about

a technical definition when we've had stagnant wages for ten years in the face of skyrocketing costs of food, energy, health care and education. Quality of life has been deteriorating for almost a decade now. (Really, it's been about 35 years, with a brief respite in the late 1990's.) THAT is the issue. Whether we actually experience two consecutive quarters of negative growth, I don't know. But that's not the bigger problem.

[sendero]

3. It's only true by the technical definition..

.... because inflation is being grossly underreported. If the real rate of inflation was applied to the GDP, it would be negative already.

We ARE in a recession, right now.

[GOPBasher]

4. That's true too. n/t

[Javaman]

2. They're clowns. that's what's wrong with them. nt

[Gabi Hayes]

5. If you buy that crap, here's some choice property I can get for you: