SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (25336)1/28/2010 6:16:30 AM
From: GROUND ZERO™2 Recommendations  Respond to of 103300
 
obumble puts reid to sleep...

realclearpolitics.com

GZ



To: Wayners who wrote (25336)1/28/2010 2:04:29 PM
From: DuckTapeSunroof  Respond to of 103300
 
Re: "That's great...what's the error percentage in their estimate? That number is so low and taking into account statistical error, I wouldn't promptly say the recession is over."

I'm with you on that one!

With a "0.1%" increase in GDP for Great Britain in the last quarter of 2009, (and after *six straight quarters* of recession!), I wouldn't be all full of warm and fuzzy feelings either that there recession was now "over". <g>

Still, short-term statistics are usually all full of noise and semi-random fluctuations (and probably subject to government 'seasonal adjustments' and similar crap), so it probably BEST to mostly only base actions on what rolling averages tell us the reality is.

And there, (with the rolling average), I'd expect that the data probably shows that the recession in G.B. has been *moderating* (steepness of the decline has been rounding off, hopefully preparatory to turning up again!) for a while now.

After all, a year and a half of straight recession is getting out to the edges of the normal average length for recessions....