Quote:
Originally Posted by theking
A recession is when the economy has negative growth for two quarters in a row. The economy has had positive growth for the past several years. High unemployment does not define a recession. BTW...it is my opinion that the new unemployment numbers will now be the norm with minor fluctuations....just as in the past 4 or 5 percent was the norm.
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Yes, the current numbers will probably be the norm... because people like you who are so skewed by big numbers accept things the way they are.