Quote:
Originally Posted by downquark1
The difference was so small that is was always a toss up between dip and flat line. And the difference has little real meaning except as political capital.
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You say that as if political capital were a trivial thing - I don't think it is. In truth, the definition of recession itself, as two consecutive quarters of negative growth is entirely arbitrary. But the designation has the power to decide the fates of politicians, parties, elections ...