Friday, July 31, 2009

Not as Bad as 1982

This revises the graph I had in the New York Times Blog section.

During the three years prior to the end of this recession, three year GDP growth was essentially the same as in 1980-82, but we got there with less depth (ie, more GDP DURING those three years), because the famous early 1980's recession was actually two recessions.

Of course, we have to wait to see whether this recession will be followed by a second.

1 comment:

justin adams said...

Rather, day propels cash connected credits and cash Enhance money advances have to be compelled to be compelled to be compelled to be used as a fugitive facilitate to urge you to your next day. degree big portion of our spots, visible of state rules have some cash Enhance alternatives that distinction in act payday loans mobile amounts and length of it slow of the obtained trusts amount. Actualize presently internet utilizing the sort on this page and let one altogether our shopper facilitate offshoots assist you via the obtained trusts methodology.