We Are Not In A Recession?

Announced on TV, CNN news, the Oil prices for regular premium gasoline have hit closer to $4.00 a gallon in some states, while in a few locations in the USA it is already at $4.00 per gallon. Diesel fuel is over $4.00 per gallon making it harder for some independent truck drivers to compete with companies for the jobs. Yet, president Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news the housing market has hit another all time low, with home values dropping and consumers paying mortgages that are higher than the current value of their homes. Yet, president Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news the mortgage foreclosures are still on the rise, with homeowners reporting of getting no help from their lenders. Yet, President Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news the job loss has risen again with families struggling to make ends meet. Yet, president Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news the numbers of job loss continues to climb with companies trying to stay afloat, while fewer and fewer jobs are becoming available. Yet, President Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news as the value of the American dollar sinks the world market of trade suffers. Yet, president Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news as the world food market faces a crises, people in other countries are taking to the streets protesting the rising cost of food. Yet, president Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Announced on TV, CNN news that in the USA a rationing of Rice has just begun, with a limit of what restaurants or companies who use the Rice product in their canned or packaged foods can purchase at any one time. Yet, President Bush stated once again for the fifth or sixth time this year, "We are not in a recession."

Trust me, the recession has already begun.