RailForum.com
TrainWeb.com

RAILforum Post New Topic  Post A Reply
my profile | directory login | register | search | faq | forum home

  next oldest topic   next newest topic
» RAILforum » General Forums » Open Discussion » What’s a recession?

   
Author Topic: What’s a recession?
irishchieftain
Full Member
Member # 1473

Icon 1 posted      Profile for irishchieftain     Send New Private Message       Edit/Delete Post   Reply With Quote 
Seems to have gone from “two quarters of ‘negative growth’ in a row” to “a broad-based contraction in the economy” or something.
Posts: 657 | Registered: Mar 2002  |  IP: Logged | Report this post to a Moderator
Gilbert B Norman
Full Member
Member # 1541

Member Rated:
4
Icon 1 posted      Profile for Gilbert B Norman     Send New Private Message       Edit/Delete Post   Reply With Quote 
Mr. Helfner, many a pundit as you suggest has a definition of a recession.

My take; when a population's sentiment becomes "I was better XXXX period ago, e.g. a year ago, "pre-COVID", when Joe took office, than I'm now" you have a recession.

Recession is "in the peoples mind" rather than in any group of "Leading Economic Indicators" that the economists proclaim and the pundits that feed off them.

And finally, any number of the noted "populations" could easily comprise voters - especially those (may I say myself?) who are "independent".

Posts: 10205 | From: Clarendon Hills, IL USA (BNSF Chicago Sub MP 18.71) | Registered: Apr 2002  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Home Page

Powered by Infopop Corporation
UBB.classic™ 6.7.2




Copyright © 2007-2016 TrainWeb, Inc. Top of Page|TrainWeb|About Us|Advertise With Us|Contact Us