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Politics : President Barack Obama
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To: tejek who wrote (117473)7/25/2012 9:05:12 PM
From: RetiredNow  Read Replies (2) of 149317
 
Again, you are looking at the tree, not the forest. They said we'd likely see a recession start in the first half of 2012. First of all, technically, that has not happened yet, although we won't know for sure, because the GDP numbers continue to get revised 6 months after the first post. Second, we are already seeing a massive slowdown. So if the recession starts in Q3 instead of Q2, who cares if they missed by a quarter? They forecasted in 9 months ago. That's one hell of good forecast. They gave you plenty of time to position yourself properly. So it's kind of silly to keep looking at the tree and miss the forest.
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