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Article #754

Re: The Recession

#754
From: Richard Wojcik,snake
Date: Wed, 23 Dec 1992 16:56
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In article 9978@u.washington.edu, monaghan@cac.washington.edu (Tracy Monaghan ) writes:
>The Center for Business Cycle (?), the official arbiter of economic
>trends, has declared that the latest US recession ended in March 1991,
>and we have been in a recovery ever since.

For their next trick, they will show how people can be resurrected from the dead
by defining life in just the right way.  Sort of like defining employment in 
terms of reduced claims for unemployment benefits.  Statistics can be a wonderful
comfort in times of trouble.  ;-)

-----
Disclaimer:  Opinions expressed above are not those of my employer.

    Rick Wojcik   (rwojcik@boeing.com)   Seattle, WA
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Message-ID: <1992Dec23.165636.26153@grace.boeing.com>
Path: arc1-ca.pugleaf.net!sparky!uunet!bcstec!bronte!snake!rwojcik
References: <1992Dec23.002027.9978@u.washington.edu>

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Newsgroups: pnw.general
Path: arc1-ca.pugleaf.net!sparky!uunet!bcstec!bronte!snake!rwojcik
From: rwojcik@atc.boeing.com (Richard Wojcik,snake)
Subject: Re: The Recession
Message-ID: <1992Dec23.165636.26153@grace.boeing.com>
Sender: usenet@grace.boeing.com (For news)
Reply-To: rwojcik@atc.boeing.com
Organization: Research & Technology
References: <1992Dec23.002027.9978@u.washington.edu>
Date: Wed, 23 Dec 1992 16:56:36 GMT
Lines: 15