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Recession

Posted: Mon Nov 03, 2008 11:02 pm
by danielh41
I heard on the radio earlier today that 30 states were already in a recession and that 19 others were getting close to recession status. The one state that didn't fall into either of those categories is Alaska. They must have a wonderful governor up there in Alaska...

Re: Recession

Posted: Mon Nov 03, 2008 11:12 pm
by Bob Juch
danielh41 wrote:I heard on the radio earlier today that 30 states were already in a recession and that 19 others were getting close to recession status. The one state that didn't fall into either of those categories is Alaska. They must have a wonderful governor up there in Alaska...
I hear a lot of things on the radio. Some are even true.

Since when is "recession status" figured on a state-by-state basis?

Alaska has got to be suffering from the drop in the price of oil. I guess if Palin was really doing her job it would be back at $150 per barrel.

Re: Recession

Posted: Mon Nov 03, 2008 11:24 pm
by Jeemie
danielh41 wrote:I heard on the radio earlier today that 30 states were already in a recession and that 19 others were getting close to recession status. The one state that didn't fall into either of those categories is Alaska. They must have a wonderful governor up there in Alaska...
Since you're a conservative, why would you say this?

Isn't the conservative mantra that people drive the economy, not government?

That said, puhleeeze. The sate has gobs and gobs of oil. I could be governor, and Alaska wouldn't be in a recession.

Re: Recession

Posted: Mon Nov 03, 2008 11:25 pm
by Jeemie
Bob Juch wrote:
danielh41 wrote:I heard on the radio earlier today that 30 states were already in a recession and that 19 others were getting close to recession status. The one state that didn't fall into either of those categories is Alaska. They must have a wonderful governor up there in Alaska...
I hear a lot of things on the radio. Some are even true.

Since when is "recession status" figured on a state-by-state basis?

Alaska has got to be suffering from the drop in the price of oil. I guess if Palin was really doing her job it would be back at $150 per barrel.
They DO keep stats on state economic growth, you know.