Ahhh-----despite the biased headline, the news is good and certainly BETTER than the doomsayers were expecting and the libs were HOPING and PRAYING for:

(AP) The bruised economy limped through the first quarter of this year with only an 0.6 percent growth rate, as housing and credit problems forced people and businesses alike to hunker down.

The country's economic growth during January through March was the same as in the final three months of last year, the Commerce Department reported Wednesday.

The statistic did not meet what economists consider the classic definition of a recession, which is a retraction of the economy. This means that although the economy is stuck in a rut, it is still managing to grow, even if modestly.

Many analysts were predicting that the gross domestic product (GDP) would weaken a bit more - to a pace of just 0.5 percent - in the first quarter.

Earlier this year, some economists thought the economy would actually lurch into reverse during the opening quarter. Now, they say they believe that will likely happen during the current April-to-June period."

http://www.cbsnews.com/stories/2008/...n4057648.shtml

__________________
"This is a time for a national imperative not to fail in Iraq." Condoleeza Rice, January 11, 2007

Opening comment tonight on CBS the economy grew at a very very low rate!

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Aint but three things in this world thats worth a solitary dime,
But old dogs and children and watermelon wine.
Tom T. Hall
http://www.obamatruth.org/

Yep, no recession.

That will play a positive role in the psychology of Americans. Of course, the dems have been claiming we have had a dismal economy for 7 years despite the truth to the contrary, so half the population will continue to believe the lies spewed by the demo-commies.

Bunch of retards.....

Do you know how hard it is to talk to a bunch of retards and try to convince them of anything?

__________________
Flight attendant: Chicken or fish?

Jay Sherman: I'll have the chicken.

Flight attendant: No, I mean what is it, chicken or fish? (shows Jay a chicken-fish thing).

It's not hard at all as long as you say what they want to hear, the truth not being that, of course....

Ain't that odd? INSTEAD of what it should have been....."Economy Grew Despite predictions of Many." Or...."No Recesion."

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"This is a time for a national imperative not to fail in Iraq." Condoleeza Rice, January 11, 2007

No matter how you look, from 4.9% Q3/07 dipped into 0.6% Q4/07 and continue to Q1/08 at 0.6%, if is not recession, it must me regression or declination.

yup and they had that tone , you know the one

__________________
Aint but three things in this world thats worth a solitary dime,
But old dogs and children and watermelon wine.
Tom T. Hall
http://www.obamatruth.org/

Yeah, 0.6% though right? It's good to know that the economy still managed to grow regardless!

Recession involve numbers less than zero. 0.6% is still more than zero, and it means that the economy is growing. It is a lower RATE of increase THAN Q3/07, but that doesn't mean that the economy is taking a step back.

__________________
Flight attendant: Chicken or fish?

Jay Sherman: I'll have the chicken.

Flight attendant: No, I mean what is it, chicken or fish? (shows Jay a chicken-fish thing).