This is not a depression, or even a recession, at least not based on the standard way of measuring such things... the problem is, it sure feels like a recession to most people because the jobs still haven't come back. Maybe we aren't supposed to call it a recession, but we sure as hell can't call it a recovery when there are no jobs. So then, what do we call it?
Wednesday, June 27, 2012
Biden goes off message on the economy
Obama says the private sector is doing just fine... Joe Biden seems to disagree:
This is not a depression, or even a recession, at least not based on the standard way of measuring such things... the problem is, it sure feels like a recession to most people because the jobs still haven't come back. Maybe we aren't supposed to call it a recession, but we sure as hell can't call it a recovery when there are no jobs. So then, what do we call it?
This is not a depression, or even a recession, at least not based on the standard way of measuring such things... the problem is, it sure feels like a recession to most people because the jobs still haven't come back. Maybe we aren't supposed to call it a recession, but we sure as hell can't call it a recovery when there are no jobs. So then, what do we call it?
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