I find this hard to believe. In economics its impossible to tell if a recession is here or not in real time. You can only take a look at past data to determine if times improved or got worse. You can make predictions based on past trends and economic policy but no one can tell you when a recession is here or not. Based on what some of the best Economist including Krugman are saying we’re headed towards a disaster.
Today there are more unemployed than there were in June of 2009.
There has never been an economist wrong more often than Paul Krugman. It is just he says what liberals want to hear so they close their eyes to reality. First read what he predicted for Japan, Germany and Western Europe. Then read his articles explaining why he was right anyway.
Dapperdan61 Premium Member almost 14 years ago
They must have missed the memo
WarBush almost 14 years ago
I find this hard to believe. In economics its impossible to tell if a recession is here or not in real time. You can only take a look at past data to determine if times improved or got worse. You can make predictions based on past trends and economic policy but no one can tell you when a recession is here or not. Based on what some of the best Economist including Krugman are saying we’re headed towards a disaster.
Get out of NAFTA, KAFTA, GAAT, and the WTO!
Gypsy8 almost 14 years ago
Economic isolation is never a good strategy. How about getting out of Iraq, Afganistan, and balancing the budget?
Redeemd almost 14 years ago
Let’s just hope they’re right…
Dtroutma almost 14 years ago
Uh, don’t read too much KAFKA either.
Libertarian1 almost 14 years ago
Today there are more unemployed than there were in June of 2009.
There has never been an economist wrong more often than Paul Krugman. It is just he says what liberals want to hear so they close their eyes to reality. First read what he predicted for Japan, Germany and Western Europe. Then read his articles explaining why he was right anyway.
Gypsy8 almost 14 years ago
Economists won’t solve America’s problems. May buy time - push a button here, pull a lever there. The problems run deeper.
Dtroutma almost 14 years ago
Economists and lawyers on the bottom of the ocean BOTH represent a “good start”.
WarBush almost 14 years ago
^We’re both wrong on (KAFTA, KAFKA). Its CAFTA!
4uk4ata almost 14 years ago
Recession being over means the situation has stopped worsening. That does’t mean that recovery is speedy enough.