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I would have to say that if actual Inflation and GDP measures were to be used then YES would have to be the answer. However, by falsely reporting inflation, job numbers(e.g. birth/death model), GDP and the like, our Gvt officials have brainwash the public into believing we are not.
So YES is my answer--we ARE in a recession: See my post below for more detail on Inflation/GDP, etc.
I would have to say that if actual Inflation and GDP measures were to be used then YES would have to be the answer. However, by falsely reporting inflation, job numbers(e.g. birth/death model), GDP and the like, our Gvt officials have brainwash the public into believing we are not.
ReplyDeleteSo YES is my answer--we ARE in a recession: See my post below for more detail on Inflation/GDP, etc.
http://economicrot.blogspot.com/2007/11/inflation-or-hyperinflation.html