Thursday, May 29, 2008

Economy, Still No Recession

Hey, Democrats and MSM! You aren't trying hard enough! We still aren't in a recession yet! Frankly, I'm amazed that the economy has managed to grow.
The signs Thursday of resilience in the U.S. economy appeared welcome. "The GDP news was pretty good. From our perspective, we're not going to see a negative quarter of GDP, so earnings are going to improve," said Scott Wren, senior equity strategist for Wachovia Securities

Still, the growth is small so more pessimistic reporting could tip the economy over into a recession. The Democrats have to hurry though. The election is just a few months away and given all the baggage Obama has the Democrats really need a recession.

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