Monday, August 3, 2009

"Obama says many months before U.S. exits recession," Reuters, August 1, 2009

"President Barack Obama warned on Saturday it would take "many more months" for the United States to get out of recession even after GDP figures showed the economy shrank only modestly in the second quarter."


1 comment:

Rice Farmer said...

"Many more months"?! What a master of understatement! Truth is, the days of wine, roses, and economic growth are over. From here on, it's debt defaults, contraction, and chaos.