To the Point
A Recession Despite Economic Growth?
Just yesterday, President Bush refused to use the word " recession ," which traditionally means two consecutive quarters of economic decline. Today, the government reported that the Gross Domestic Product did grow at the end of last year, but only by six-tenths of a percent . Kelly Evans writes for the Wall Street Journal .
By Warren Olney • • 1 min readJust yesterday, President Bush refused to use the word "recession," which traditionally means two consecutive quarters of economic decline. Today, the government reported that the Gross Domestic Product did grow at the end of last year, but only by six-tenths of a percent. Kelly Evans writes for the Wall Street Journal.
