It seems to me that the media had been trying to convince the American public it was in a recession.
Some examples:
"Two-thirds of the 52 economists polled said the U.S. economy is in recession. Add those who believe the economy will be in recession soon, and 79% believe that the economy will contract at some point in 2008." USA Today, 4/28/2008
http://www.usatoday.com/money/economy/2008-04-28-economy-survey-recession_N.htm
"Recession is here - economists" CNN 2/5/2008
http://money.cnn.com/2008/02/05/news/economy/recession/
"Talk of the worst recession since the 1930s" -NY SUN 11/12/2007
http://www.nysun.com/business/talk-of-worst-recession-since-the-1930s/66268/
Friday, September 12, 2008
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