Newgrounds.com — Everything, By Everyone.

---

At 8/2/08 02:08 AM, WolvenBear wrote: Holy crap, you're a moron.

Oh shit you got me. You're an idiot.

---

At 8/2/08 02:22 AM, CIX wrote: I'm a tool.

So, in response to the fact that there's no denying that the economy is growing...you stick your fingers in your ears and scream "lalalalalala". Yea, sorry bud. You won't win any pissing contests on this board.

---

At 8/2/08 03:27 AM, WolvenBear wrote: derrrrrrr

What fact? You haven't presented a single piece of evidence. You just think we can't be in a recession because it hasn't been "two months".

Let's see, 4 year unemployment high and the dollar is weak around the world. I think that's a strong indication that we are not growing.

---

Do you know what could really help your argument?

An external source.

We're in a recession because i said so
We're not in a recession because i said so

doesn't cut it for me.

---

At 8/2/08 08:51 PM, SmilezRoyale wrote: Do you know what could really help your argument?

An external source.

We're in a recession because i said so
We're not in a recession because i said so

doesn't cut it for me.

Reposted for truthiness.

---

At 8/2/08 05:19 PM, CIX wrote: What fact? You haven't presented a single piece of evidence. You just think we can't be in a recession because it hasn't been "two months".

Two quarters. And yes, that means we can't be in a recession. Kinda like you can't be an amputee unless you've had something amputated. Words have meanings. By saying "who gives a shit about 'two months'" it rather shows a bias against the truth.

Let's see, 4 year unemployment high and the dollar is weak around the world. I think that's a strong indication that we are not growing.

Yea, that's fucking stupid. "We can't have job growth, because the dollar is weak, and unemployment is higher than it's been...recently....you know...a couple of years and stuff....bagel"

http://education.yahoo.com/reference/dic tionary/entry/recession

"An extended decline in general business activity, typically two consecutive quarters of falling real gross national product. "

THIS is the definition of a recession.

Contrasted with:
http://www.bea.gov/newsreleases/national /gdp/gdpnewsrelease.htm

"Real gross domestic product -- the output of goods and services produced by labor and property
located in the United States -- increased at an annual rate of 1.9 percent in the second quarter of 2008
(that is, from the first quarter to the second quarter), according to advance estimates released by the
Bureau of Economic Analysis. In the first quarter, real GDP increased 0.9 percent."

Well shit. No one agrees with you. Damn.

At 8/2/08 08:51 PM, SmilezRoyale wrote: Do you know what could really help your argument?

An external source.

We're in a recession because i said so
We're not in a recession because i said so

doesn't cut it for me.

There was a lot more to it than "We're not in a recession because I said so."
Here, I'll post the whole argument again:
A recession is two consecutive periods of negative economic growth. We have not had a single month of negative growth, therefore there is no possible way we can be in a recession.
This is why every economic story has the little tidbit buried 33 paragraphs down..."Despite massive layoffs in XYZ sector, the economy has continued to grow."

http://www.usatoday.com/money/economy/20 08-03-04-local-differences_N.htm

Notice the wide swath of green.

There' simply no credible argument for recession.