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Thursday, September 27, 2012

Pethokoukis: Year Of Sub-2% GDP Growth Signals A Recession 70% of the Time



I can only express my disgust so many times -- this is huge, and the media is embargoing it entirely.
U.S. economic growth is dangerously slow. I’ve frequently written about research from the Fed which finds that since 1947, when two-quarter annualized real GDP growth falls below 2%, recession follows within a year 48% of the time. And when year-over-year real GDP growth falls below 2%, recession follows within a year 70% of the time.
 So, the media isn't going to cover the economy, and it isn't going to cover foreign policy.It will not cover the lack of prosperity, and to even things out, it will also not cover the lack of peace.
Wonder what they do intend to cover.
Oh, right.
What about your gaaaaaffes.

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