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To: Mathemagician who wrote (47290)9/29/2001 8:50:05 PM
From: RobertHChaney  Read Replies (1) | Respond to of 54805
 
Follow up on my recession poll post.

My original comment was:
"But what I find amazing JAPG is that a recent poll showed that 50% of Americans believe we are GOING INTO a recession. Think about that. It indicates that many of those 50% probably don't believe we are already IN a recession. And, more importantly, the other 50% must believe we are NOT GOING TO ENTER ONE".

Followed by yours:
It is possible (not likely, though) the other 50% believe we are already in one, as opposed to going into one. In that case, the survey is consistent with reality. :)

IMO it means that the other 50% don't get it yet, and may not believe we are in a recession until after it is officially announced by the government and then pasted prominently on the cover of the major newspapers and magazines.

Robert