We are in fact in a recession
A Green Lining
In The Guardian UK, Dean Baker writes: "According to the business press, a near majority of economists are now predicting recessions. Economists don't predict recessions. Almost all of them missed both the 2001 and the 1990-1991 recessions. Economists' predictions of a recession are a lagging indicator showing that we are in fact in a recession."
http://www.truthout.org/docs_2006/011608E.shtml
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=Dean+Baker
In The Guardian UK, Dean Baker writes: "According to the business press, a near majority of economists are now predicting recessions. Economists don't predict recessions. Almost all of them missed both the 2001 and the 1990-1991 recessions. Economists' predictions of a recession are a lagging indicator showing that we are in fact in a recession."
http://www.truthout.org/docs_2006/011608E.shtml
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=Dean+Baker
rudkla - 16. Jan, 23:08
