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Economist says we are entering a recession; more hope and change
Topic Started: Jun 5 2016, 03:57 PM (519 Views)
Banandangees
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Fire & Ice Senior Diplomat
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Sea Dog
Jun 6 2016, 07:35 AM
This is what I was replying to,

"It sounds like the next president gets to inherit a recession. The bad economic numbers are becoming too hard to ignore.

And this coupled with near zero economic growth

Sounds like doom and gloom to me!

Your very first reply was to this:


Economist Larry Kudlow reacted Friday on “The Steve Malzberg Show” to the Obama administrations’s poor numbers for the month of May’s jobs report, saying he believes the country is entering “a mild business recession.”

"It’s been five months now and the only reason the unemployment rate fell a bit is because 458,000 people left the labor force,” Kudlow explained.

“It’s not a pretty picture” he added. “I think we are in a mild business recession. “It’s not a whole economy recession, because consumers are still spending some and housing is OK, but I gotta tell ya — business recessions are always the leading indicator.”



That was the entirety of what was in the Breitbart link that Pat started this thread with. That is what your reply about "gloom and doom" was directed at. I don't see anything there that suggest "gloom and doom."

I must have missed what you say prompted your reply: "It sounds like the next president gets to inherit a recession. The bad economic numbers are becoming too hard to ignore.

And this coupled with near zero economic growth.
"


I didn't see any of that in either Breitbart's link or the Newsmax link.
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Sea Dog
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"I can't believe that all Canadians are like Brew and Sea. In fact, I refuse to believe it. Although, I could be wrong."

No, not all Canadians are like Brew and I, matter of fact, I am sorry to say, that some are almost dumb enough
to be members of the US right!
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