Yes, economics is not a science. ************************************************* 1/20/2013 Eviction Notice
http://www.cafepress.com/rightwingmike/6169336 --- On Thu, 3/5/09, Geoff Flight <[email protected]> wrote: > From: Geoff Flight <[email protected]> > Subject: RE: [OT] Australia on brink of recession > To: "'ProFox Email List'" <[email protected]> > Date: Thursday, March 5, 2009, 4:09 PM > I agree. If we are to have a meaningful definition of > recession then we need > to stick to it. What USA has had for the last 15 months has > been a > stop-start recession. Now you have the real thing. > Ultimately it doesn't > change anything but it would be nice if economists stuck to > consistent > definitions! But then again, calling economics a science > is pretty > generous! > > -----Original Message----- > From: [email protected] > [mailto:[email protected]] On Behalf > Of Michael Madigan > Sent: Friday, 6 March 2009 5:16 AM > To: ProFox Email List > Subject: RE: [OT] Australia on brink of recession > > > It doesn't matter what they say, a recession is > "two straight quarters of > negative GDP growth" > > ************************************************* > 1/20/2013 Eviction Notice > > http://www.cafepress.com/rightwingmike/6169336 > > > --- On Thu, 3/5/09, Adam Buckland > <[email protected]> wrote: > > > From: Adam Buckland <[email protected]> > > Subject: RE: [OT] Australia on brink of recession > > To: "ProFox Email List" > <[email protected]> > > Date: Thursday, March 5, 2009, 5:23 AM > > No Michael, you're wrong again and again and > again.... > > > > > > It's official: U.S. is in recession > > > > Economy began shrinking in December 2007, panel > declares > > > > > > WASHINGTON - The economy fell into recession late last > > year, according > > to a panel of economists that is responsible for > > determining the dates > > of business cycles. > > > > Monday's declaration by the panel of the National > > Bureau of Economic > > Research confirms what many private economists, > lawmakers > > and members of > > the general public already have assumed and puts an > > official date on it: > > A U.S. recession began in December 2007. > > > > http://www.msnbc.msn.com/id/27999557/ > > > > > > -----Original Message----- > > From: [email protected] > > [mailto:[email protected]] On > > Behalf Of Michael Madigan > > Sent: 04 March 2009 21:14 > > To: ProFox Email List > > Subject: RE: [OT] Australia on brink of recession > > > > > > You're a retard. The first down quarter for the > United > > States was 4th > > quarter 2008. > > > > > http://www.bea.gov/national/nipaweb/TableView.asp?SelectedTable=5&FirstY > > ear=2007&LastYear=2008&Freq=Qtr > > > > ************************************************* > > 1/20/2013 Eviction Notice > > > > http://www.cafepress.com/rightwingmike/6169336 > > > > > > --- On Wed, 3/4/09, Geoff Flight > > <[email protected]> wrote: > > > > > From: Geoff Flight <[email protected]> > > > Subject: RE: [OT] Australia on brink of recession > > > To: "'ProFox Email List'" > > <[email protected]> > > > Date: Wednesday, March 4, 2009, 3:40 PM > > > We are not yet even technically in recession and > the > > USA has > > > been in > > > recession for 15months. We are doing vastly > better > > although > > > not as good as I > > > hoped. And it remains true that our economic > troubles > > are > > > all external ie it > > > comes from other lousy economies > > > > > > -----Original Message----- > > > From: [email protected] > > > [mailto:[email protected]] On Behalf > > > Of Nicholas Geti > > > Sent: Thursday, 5 March 2009 2:26 AM > > > To: ProFox Email List > > > Subject: Re: [OT] Australia on brink of recession > > > > > > We said as short as two weeks ago that Australia > was > > in for > > > a rough time and > > > > > > you kept lecturing us on how Australia was so > astute > > > compared to the U.S. > > > Well, we have still not fallen off the cliff like > you > > so > > > strongly thought. > > > Hurt, yes but not dead. > > > > > > > > > > > > ----- Original Message ----- > > > From: "Geoff Flight" > > <[email protected]> > > > To: "'ProFox Email List'" > > > <[email protected]> > > > Sent: Wednesday, March 04, 2009 6:49 AM > > > Subject: RE: [OT] Australia on brink of recession > > > > > > > > > > Its caught everyone a bit by surprise. > Everyone > > was > > > expecting a 0.2% > > > > growth. > > > > Now we gotta hope it doesn't happen a > second > > > quarter although to be honest > > > > > > > I > > > > don't think that's likely so it > looks > > like we > > > scored a mild recession as > > > > well. Wonderful:( > > > > > > > > > > > > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.

