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|Subject: Re: Recession??||Date: 12/15/2000 4:49 PM|
|Author: terrynor||Number: 27077 of 736103|
The numbers from Wall Street seem to confirm what we already suspect - the economy is slowing.
As far as I can tell the growth of the economy is slowing. Am I correct that slow growth is still expansion and cannot be characterized as "recession"?
BTW: One of my favorite spin terms from the Reagan White House was "we are experiencing negative growth this quarter".
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