On Thursday, the Commerce Department announced the economy grew by 1.9 percent in the second quarter of 2008. That means we are not in a recession and have not been in one during this entire economic downturn.
Does this suggest the doom and gloom is overblown? Or do other economic indicators such as inflation and the price of gasoline prove that we are in an economic mess, regardless of what the official numbers suggest?
Read more in the link below and share your thoughts with us!