Dude, Where’s My Recession
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Behold, the predictive powers of Glenn “Instapundit” Reynolds.
4 Responses to “Dude, Where’s My Recession”
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What a smug prick.
Oh, there it is!
The University of Tennessee has really low standards to employ people like Glenn Harlan Reynolds
It might be a good idea for there to actually be a recession before you slap Glenn around.
A recession means something very specific. It doesn’t mean “a general perception that the economy stinks”, no matter how widespread that feeling is. It doesn’t mean the stock market sucks either. It means two consecutive quarters of negative growth. Since we haven’t even gotten one yet, you are seriously jumping the gun.
Of course, this is a blogger who thinks that if there is a single economic indicator that is negative(such as gas prices), then we’re in a recession.