Recession Over Per Paul Krugman?
Let's look at the 9/30/09 Q3 BEA Data in part:
"Advance Estimate Second Estimate Third Estimate
(Percent change from preceding quarter)
Real GDP................................. -1.0 -1.0 -0.7"
The rest of the BEA URL:
Gee, if the recession is over, how come the GDP is still negatively contracting, especially after the horrifying Q1 contractions [we'd need some real big positive 2009 GDP growth, not Q2/Q3 contractions, to make up for the lost Q1 ground, IMO]?
It seems a lot you economists have a variety of 2009 "recession's over" negative GDP rationales that contradict the one's you had before...LOL
The recession is obviously alive and kicking IMO. The recession over fairy tale is clear mathematical fiction.