Backwards?

January 30th, 2009

A story in today’s Milwaukee Journal Sentinel says:

The economy shrank at a 3.8 percent pace at the end of 2008, best viagra online the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending.

But, in actuality, it’s consumers and businesses throttling back spending which is causing the economy to shrink.

Entry Filed under: Observations

2 Comments Add your own

  • 1. Vinny  |  January 30th, 2009 at 12:52 pm

    Aren’t they the same thing? One doesn’t really cause the other.

  • 2. phel  |  January 30th, 2009 at 10:25 pm

    MUCH less than the 5.5% they were projecting.

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