We were already in the recession. The National Bureau of Economic Research declared that the recession had begun in March of last year. I'm not sure if that means that it was the first sign of the gdp contracting for two consecutive quarters, or if gdp had already contracted for two consecutive quarters. Either way, we are showing signs of coming out of it which is short for a recession. Traditionally a recession lasts about 18 mos. Michael Corrigan Programmer Endora Digital Solutions 1900 Highland Avenue, Suite 200 Lombard, IL 60148 630-627-5055 ext.-136 630/627-5255 Fax ----- Original Message ----- From: Braver, Ben To: CF-Community Sent: Monday, March 11, 2002 2:37 PM Subject: RE: Nukes
We were going into a recession *before* the war started. > -----Original Message----- > From: Nick McClure [mailto:[EMAIL PROTECTED]] > Sent: Monday, March 11, 2002 12:08 PM > To: CF-Community > Subject: RE: Nukes > > > Nobody knew we were going to have a war. > > At 10:32 AM 3/11/2002 -0800, you wrote: > >Michael- > >perhaps you're forgetting that the "tax cuts" were supposed > to be coming > >from a SURPLUS > >which isn't there, and the government had to BORROW to pay for them. > >So, we need more? > >Methinks you're the one who needs the refresher math class, sir. > >-Ben > > ______________________________________________________________________ This list and all House of Fusion resources hosted by CFHosting.com. The place for dependable ColdFusion Hosting. Archives: http://www.mail-archive.com/[email protected]/ Unsubscribe: http://www.houseoffusion.com/index.cfm?sidebar=lists
