Shifting definitions

Posted By: Brian, Precision 23, Lake Lanier, GA
Date: 6/6/08 10:03a.m.

Report: outside forum guidelines

I heard an observation on the radio of how a couple of definitions have shifted over time depending on who's in office. When there's a Republican President unemployment in the 5% range is a huge catastrophe. When a Democrat in it's called full employment. When there's a Democrat President a recession is defined as two consecutive quarters of negative growth. When there's a Republican President that in and of itself defines a recession.

Messages In This Thread

Shifting definitions -- Brian, Precision 23, Lake Lanier, GA -- 6/6/08 10:03a.m.

-- observer -- 6/6/08 12:34p.m.

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