WTF - she won't even call it a "recession"

[tularetom]

Well so much for that standing up to the right wing bullshit. they've probably analyzed the crap out of it and figured out that they might piss off some crossover voters if they call it a recession. so they once again fudge an answer.

Check the link:

http://www.huffingtonpost.com/2008/03/27/obama-uses-the-r-word-_n_93798.html

Is there really any hope when you can't even give a straight answer to a question like "are we in a recession"?

[anonymous171]

1. She's a true corporate democrat.

[stray cat]

2. growth needs to drop instead of being stagnant - 0.4% drop is still required

to call it a recession (technically). Boy that 0.4% makes me feel more secure

[DemocratSinceBirth]

3. Isn't A Recession Two Consecutive Quarters Of Negative Economic Growth?

~

[anigbrowl]

7. Yes, that's the working definition

But bear in mind that that's by nature a retroactive statistic, as well as pretty narrow definition. I think the only reason we're not 'formally' in recession is because the writedown of lost financial assets is being stretched out as long as possible to spread the pain.

[redqueen]

4. Where do you get that from?

[Dogmudgeon]

5. Suppose she did call it a "Recession"?

Then, Team Obama would be claiming that she lacks faith in America and is trying to discourage the working "folks".

They'd also hammer her on her math with that 0.4% deal. They would scream that she was deliberately lying.

--p!

[redqueen]

8. I don't think that's realistic.

Faith in America is not analogous to ignoring the failing economy.

That 0.4% deal... where is it from?

[anigbrowl]

9. Obama has already said we are probably in a recession. /nt

[tularetom]

10. Um, Obama would have a hard time saying that

since he did have the guts to call it a recession.

[Dogmudgeon]

16. Facts never stopped them before.

Team Obama has mastered the art of the Double Standard like no political campaign in history. If it's ironic, Excelon nuclear lobbyist David Axelrod has turned it into a campaign technique.

And it works, extremely well. People really DO think that James Carville speaks for Hillary, but linking Obama to Rev. Wright is an unfair guilt-by-association Hillary trick.

Besides, what are they going to do when it turns out that Stein was wrong, and "misspoke" about Hillary? This weekend, while they are anxiously poring over news footage looking for more "Gotchas!" on Hillary, if they come across footage of her talking about the recession, I'm sure they'll inform the world of their error.

They'll run it right after Keith's Special Comment on the "Garlic Nose" crack.

--p!

[cali]

19. no, pigwig, you're confused

That's team hilly who's full of crap and lying shit. What can you expect from Wolfson and Pig Penn?

[TheWraith]

12. Wow, you people really are desperate to deflect attention away from your candidate.

I don't blame you. Every time she talks her numbers go down.

Of course the deflection strategy isn't good for you either, because whenever Obama talks, his numbers go up.

[Dogmudgeon]

13. "You people" -- ?

Here's the stock response whenever a HRC supporter uses that phrase:

1. RACIST!

2. :rofl:

Here's my stock response to the predictions of Hillary's impending doom:

http://www.realclearpolitics.com/epolls/2008/president/us/democratic_presidential_nomination-191.html">RCP daily tracking graph

Obama now has a commanding 3.6% lead. (Metastudies like RCP's don't usually include a MOE, but it's probably around 3-5%.)

I wonder what will happen when RCP hears from the "garlic noses"?

--p!

[TheWraith]

14. If the Clinton supporters could look at themselves from outside, even for a moment...

You'd realize that everyone else can see that the Clinton campaign is circling the drain. The Dem leadership can see it, the uncommitted voters can see it, and the pundits can see it. It's over.

[thoughtcrime1984]

17. He not only said we are in a recession, but gave his plan to help us out of it.

Did you watch his speech yesterday?

[Life Long Dem]

6. There's reality and there's Hillary and her supporters.

[DeadElephant_ORG]

11. "leave the technical definitions of the recession to the experts." YUK !! n/t

[LostinVA]

15. Because it isn't technically a recession, although I'm betting it soon will be

"Recession" is a very real econ term, and the current economic downturn hasn't reached the required % yet. As Is aid, I'm betting it will happen soon.

[redqueen]

18. Where is this "required %" stuff from?

Why won't anyone explain where that's coming from?

[LostinVA]

20. What do you mean "where's it from?

It's an economic term. To be a recession, it has to meet certain criteria, just like a storm isn't a hurricane unless it meets certain criteria. I've been in Spring storms with higher mph winds than some hurricanes I've sat through (and there have been alot!), but they weren't hurricanes.

As I said, I'm betting we'll officially have a recession by Summer.

[redqueen]

22. Yes. I know it's an economic term. I haven't seen this "it has to be such and such a percentage"

stuff before.

Where is it from?

[DemocratSinceBirth]

24. Here

In macroeconomics, a recession is a decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year.

In US, the judgment of the business-cycle dating committee of the National Bureau of Economic Research regarding the exact dating of recessions is generally accepted. The NBER has a more general framework for judging recessions:

http://en.wikipedia.org/wiki/Recession

[redqueen]

25. There is nothing in there about specific percentages...

just negative GDP growth for two quarters in a row.

I'm still curious as to where the specific numbers came from.

I guess you at least have shown that it didn't come from Wikipedia. :P

[NewHampshireDem]

21. She won't say 'recession' because it sounds too much like 'concession'

and she'll have gotten our hopes up for nothing.

[NJSecularist]

23. This is Mark Penn at work.

He probably identified a 1% subset of the Democratic primary population who is offended by the word recession - and they are pnadering to that demographic for votes.