Biotech Values

[jbog]

Turtle,,,


I don't see a double dip when corporations are spending on servers.

For the life of me, I can't understand why the press keeps on talking about a double-dip recession.


Putting the 'technical' metrics of what a recession is on the side for one minute let's look at how we left the recession.

Recession's are measurements of a country's GDP (major item)so how can we possibly say we even left the last recession while the Government is deficit spending to the sum of 11% of our total GDP at this point? In simple terms, Washington is overspending to the tune of 11% of GDP just so we can show a 3% to 4% gain.

Government stimulus is supposed to be short term to hold a economy together why people reorganize and then they take over.

I don't see people 'taking over' yet, so I guess we can say we'll fall back into a double-dip once the Government closes it's checkbook. That'll be sad, but in truth we never left the first one.