GDP Data Likely to Herald an Upturn - WSJ.com

Again, "depression" is on their minds. We'll soon be hearing it come from Obama's people. GDP Data Likely to Herald an Upturn - WSJ.com: "The government will report on Friday how the U.S. economy performed in the second quarter, and economists expect it will say the economy contracted at about a 1.5% annual rate, marking the fourth consecutive decline. That typically would be seen as bad news -- but not after gross domestic product, the value of all goods and services produced by the economy, shrank by 6.3% in the fourth quarter and 5.5% in first, causing many economists to worry about the possibility of a depression."