The New York Times is reporting this morning that the 1st Quarter of 2008 experienced the same growth as the last quarter of 2007, and although it is lackluster the fact that the growth remained the same, rather than declining, may be an indication that we aren't in a recesession afterall. But economists are still disputing the issue, and rising food and gas prices partnered with increased unemployment and the crashing housing and mortgage markets certainly aren't painting a rosy picture for any average person's pocketbook.
The good thing about times like these is, we've seen them before and we know they will pass.
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