the visible hand

it is the theory which decides what can be observed – einstein

Recession? what recession?

Posted by ecoshift on January 8, 2008

Meanwhile, back at Air Force One, no one is aware of any recession predictions… How do they do that?


Think Progress » White House Spokesman: No One Is ‘Predicting A Recession’

Today aboard Air Force One, a reporter asked presidential spokesman Tony Fratto if the Bush administration was at all worried about a recession, given that on Friday, Sen. Hillary Clinton (D-NY) said she “think[s] the economy is slipping toward recession.” Fratto brushed aside such concerns:

QUESTION: Senator Clinton said on Saturday that the U.S. economy was slipping towards a recession. Is that a view the White House shares; why or why not?

FRATTO: I don’t know of anyone predicting a recession.

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