Renee in NC Posted December 1, 2008 Share Posted December 1, 2008 :lol::lol::lol::lol: My dh said they could have simply asked him and he would have saved them a lot of time and money!:tongue_smilie: Quote Link to comment Share on other sites More sharing options...
cathmom Posted December 1, 2008 Share Posted December 1, 2008 yes, and it began last December apparently hmm, right when gas began spiking... Quote Link to comment Share on other sites More sharing options...
Renee in NC Posted December 1, 2008 Author Share Posted December 1, 2008 yes, and it began last December apparently hmm, right when gas began spiking... And business started declining... Quote Link to comment Share on other sites More sharing options...
AuntieM Posted December 1, 2008 Share Posted December 1, 2008 (edited) when I tried to just "run in" the book store and pick up a book, I'd have to say we are pretty wimpy if we dare compare our current situation to the Great Depression. My dad told me tales of many nights with no dinner for him and six siblings. How a mere shared loaf of bread was like a brick of gold. Nope, I think things could be much, much worse. As a society, we're just too spoiled to see it, I think. ETA: Sorry Drama Queen, I think I misunderstood the original intent of your post. I know that your family is among those genuinely facing hard times due to the state of things. FWIW, I do agree that it is a bit silly for the news venues to sensationalize this stuff when, as you say, the signs have been there for a long time. Edited December 1, 2008 by AuntieM Quote Link to comment Share on other sites More sharing options...
Renee in NC Posted December 1, 2008 Author Share Posted December 1, 2008 (edited) when I tried to just "run in" the book store and pick up a book, I'd have to say we are pretty wimpy if we dare compare our current situation to the Great Depression. My dad told me tales of many nights with no dinner for him and six siblings. How a mere shared loaf of bread was like a brick of gold. Nope, I think things could be much, much worse. As a society, we're just too spoiled to see it, I think. :confused: No one said anything about a depression. ETA: I just saw your edit. I just think it is funny that they think this is "Breaking News" as if the majority of us already *know* we are in a recession! Edited December 1, 2008 by Renee in FL Quote Link to comment Share on other sites More sharing options...
mamaof2andtwins Posted December 1, 2008 Share Posted December 1, 2008 My first response was "DUH!" Jennie Quote Link to comment Share on other sites More sharing options...
elegantlion Posted December 1, 2008 Share Posted December 1, 2008 My first thought was how can it be breaking news if we've been in it for a year. DUH indeed. Quote Link to comment Share on other sites More sharing options...
LaxMom Posted December 1, 2008 Share Posted December 1, 2008 Oh, wait. Are they admitting it now? Presumably we have ditched the "pretend everything's going fine and nobody will notice the recession" plan? :001_huh: It's about time. Quote Link to comment Share on other sites More sharing options...
Janna Posted December 1, 2008 Share Posted December 1, 2008 Well, I think that the announcement comes because of the definition of a recession: "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales." This is also added to from an investment definition as "for 2 or more consecutive quarters". So because of that definition, I remember here on the board even, as many of us were crying out that we were in a recession, or at the very least, seeing that one was inevitable and imminent (using common sense), many others were saying we were not. In my book, common sense wins out any day. ;) Quote Link to comment Share on other sites More sharing options...
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