Thursday, October 1, 2009
-0.7 GDP in the 2nd quarter? Shouldn't the recession be over by now?
by
Jon
@
8:33 AM
Yes.
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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