Monday, July 07, 2008

I guess the MSM has nothing to do with this huh?

Most people don't even know what the actual definition of a recession is, so I will share it:

Recession: A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters.

Of course, we have not yet experienced a decline in ever ONE quarter, let alone two...but the lovely MSM keeps pushing the thoughts of "recession" in their coverage and their constant "doom and gloom" outlook. Course, unemployment is still very low, consumer buying is still going strong and despite the fact that real estate has dropped in many locations, people are still buying! In fact, the lower prices has just encouraged those who couldn't afford to buy a year or more ago, to do so now! (You know...the market is actually taking care of itself!)

Despite all of that though...the MSM continues their sad predictions for the end of life as we know it!!!!

July 7th, 2008
3/4 of Americans see recession

Posted: 12:25 PM ET

NEW YORK ( — Most Americans still think the economy is in a recession, according to a CNN/Opinion Research Corporation poll released Monday.

In a telephone poll of over 1,000 adult Americans, 75 percent said they believe the nation is now in a recession. That figure was 79 percent in April and 74 percent in March. The sampling error for each poll was plus or minus 3 percentage points, meaning the results are statistically unchanged.

Read the rest of the blurb here

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