
Originally Posted by
KG's Supra24
To be fair, a recession, by definition, is 2 consecutive quarters with negative GDP growth.
Last quarter GDP grew 2 percent. The quarter prior it grew 1.3 percent.
Try removing government spending from the GDP equation, and see what you get. That's my point. All a government needs to do to "goose" the GDP number is spend more. And that's exactly what they have done. Obama and Bush both.
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