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Fresh data suggests recession abating

Started by stakan

over 17 years ago

Posts: 319

Member since: Apr 2008

Discussion about

http://www.reuters.com/article/newsOne/idUSTRE55971U20090611

Response by nyc10022

over 17 years ago

Posts: 9868

Member since: Aug 2008

I'm not sure that folks quite pick up that saying that the recession is getting better means the economy is STILL GETTING WORSE.

Recession abating means the decline is slowing down. A good ting in itself.

But the economy is, well, STILL DECLINING.

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