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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Economic growth is not in dispute but it's WHO IT WENT TO THAT MATTERS.
"CBO study: In the past 30 years nearly all income growth has gone to the top 1%. The bottom 80%'s share fell accross the board."
http://www.cbo.gov/doc.cfm?index=12485
I knew your true colors would show soon enough, same old shit from the same old moron. You start out like you are the voice of reason and degenerate into right wing talking points in a matter of hours / days regardless of topic.
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