Thursday, October 1, 2009

-0.7 GDP in the 2nd quarter? Shouldn't the recession be over by now?


Yes it should.

Since 1948, our nation's recessions have lasted an average of 11 months.

And now? We're into month 20. Almost twice as long as the national average.

I created this poorly done graph to illustrate the situation...

Sure glad that stimulus is working so well, eh?

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