STFarmy

While not great, this is certainly better news than a negative growth. Still tough economic times, but I guess that official recession is still nine months off at least...

Not that this will stop certain people in the media/politics from intimating that we are, of course, in a recession already.

http://news.yahoo.com/s/ap/20080529/...bfw4_nveCs0NUE

WASHINGTON - The economy logged slightly better — but weak — growth in the first quarter, spurred by improved sales of U.S. products overseas. While that's heartening, the country is still far from being out of the woods.
ADVERTISEMENT

In fact, a closer look behind the 0.9 percent increase in the gross domestic product during the January-to-March period revealed much caution on the part of consumers who have been clobbered by the housing, credit and financial debacles.

BelichickFan

Woah there buddy - the economy is receding (you know, the already declared recession).

STFarmy

So I've heard - despite the actual definition of recession not being met yet.

BelichickFan

Thus the new phrase "it feels like a recession".

patsfan13

If you want pain wait and see what things will be like when we get a jimmah carter II economy under obamassiah.

__________________
"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."

Real World

I was going to start a thread with this earlier. The headline was going to read something like:

"Economic growth 50% higher than originally calculated"

Or..

"First quarter GDP grew 50% more than reported"

Numbers can always be described in more favorable, or negative ways. Still though, any increase is a positive.

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897

STFarmy

You'd think so, but not while Bush is in office. I'm not a fan of his, but there are some who would love to see the country tank just so they can scream and point fingers at the man. Bush Derangement Syndrome, though I think it's an annoying cutesy phrase that radio talk show hosts coined, is very real.

Real World

It absolutely is. My brother had the same with Clinton. He was always trashing anything the man said or did. It reminds of a yahoo fan. Someone who thinks Peyton Manning "sucks" persay. We might love our Pats and Tom Brady, and I might dislike Manning in pressure situations versus Brady, but PM is one of the greatest of alltime, hands down. Yahoo's, or BDS'ers, won't ever acknowledge a single positive about either person. Of course, the best part about it all, is that when you're simply being objective, you're called a 27%'er, or a loyalist. LOL.

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897