In article , Malcolm Teas
says...

Newps wrote in message
news:NXvRb.167758$na.277405@attbi_s04...
The economy officialy recovered in late 2002. We are already in our
second year of the good economy.

I once heard an economist jokingly define a recession as when his
friends lose their jobs. A depression, on the other hand, was when HE
lost his job.

It's not all gloom and doom, GDP and personal income are up, unemployment is
down; each of these are forecast to continue improving through 2004. If only
we could get Bush to veto some of the drunken crazed pork barrell spending by
congress things would look even better.


Jan 2004, Bureau of Labor Statistics: “...the unemployment rate, at 5.7 percent,
continued to trend down, the of the U.S. Department of Labor reported today.”


Jan, 2004 “Wall Street Journal: “The economy has momentum heading into 2004.
Economists see solid growth, improvement in the labor market and growing
corporate profits.

Economists who participated in the semiannual forecasting survey expect growth
at around a 4% inflation-adjusted annualized rate throughout the year - starting
with growth of nearly 4.5% in the first quarter. They believe unemployment will
ease toward 5.5% and profits will grow 15.9%.”


December 2003, Bureau of Economic Analysis: “Personal income increased $44.0
billion, or 0.5 percent, and disposable personal income (DPI) increased $39.2
billion, or 0.5 percent, in November...”