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Politics : President Barack Obama
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To: tejek who wrote (113319)5/10/2012 9:48:14 AM
From: RetiredNow  Read Replies (2) of 149317
 
No, you are full of shit. ECRI very publicly said we were headed for a recession and told us the timeline. They said FIRST HALF OF 2012.

Even if we go into recession RIGHT NOW, NBER, which is the org that officially declares recessions, won't make the call until 6-9 months AFTER a recession has started. So we won't know whether ECRI correctly called a first half 2012 recession until early 2013.

Those are the facts. You are now trying to rewrite history, but I'm not going to let you do that.
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