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US Has Been In Recession Since December 2007

Posted by kdawson on from the not-news-to-a-great-many dept.

The National Bureau of Economic Research said Monday that the US has been in a recession since December 2007. The NBER is a private, nonprofit research organization of academic economists who determine business cycles. The stock market took a dip on the news that reached double-digit percentages for some tech stocks.

2 of 540 comments (clear)

  1. yeah... by WiglyWorm · · Score: 0, Flamebait

    Now that the election is over and the Republicans have lost, they can finally say "recession".

  2. Re:A few thoughts by kimvette · · Score: 0, Flamebait

    Maybe it'll improve if we get into another war?

    Oh wait, we've had that since 1991 (Bush I) and 2001 (Bush II).

    --
    The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50