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Monday, January 12, 2009

if it was a movie it would be funny

but it's NOT a movie and it's NOT funny. everyone i've talked to is thinking they may be laid off. i'm thinking i might be laid off. there have been NO formal announcements at work yet, but times are tight (i work for a financial institution/insurance company and NO NOT AIG or any others that were in trouble. as the biz goes, the company i work for is quite sound but STILL, we ARE in a recession). it's scary out there for ALL of us. businesses closing left and right. and who is to blame? you know who, KING GEORGE AND HIS MERRY BAND OF PRANKSTERS

White House: We Never Said We Weren’t In A Recession»

Thursday, the White House acknowledged for the first time that the U.S. was in a recession. “Obviously, the NBER came out and said that we are in a recession,” Press Secretary Dana Perino said. Even though the National Bureau of Economic Research announced Monday that the U.S. was in a recession that had started in Dec. 2007, the White House was still refusing to use the word as late as Wednesday.

Yesterday, when a reporter remarked that the White House had been denying the recession for months, spokesman Scott Stanzel interrupted her to insist the Bush administration had never done so:

QUESTION: The President finally said, first time at a podium, that we are in a recession. This administration had been saying for months, from the very beginning of 2008, that we weren’t. Who –

STANZEL: No, that’s not correct. That –

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