Quote:
Originally Posted by Poker  We are in a recession. Care to make it interesting? I'll bet you $100 that as of today's date we are in a recession. We can treat it like a prop bet at a poker table where everyone in this thread is a witness. Game? | Are we going by the official definition?
a recession is a decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.
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"The government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."-Ronald Reagan |