Senate Dems Claim Recession Despite 3.3 Percent Economic Growth
(CNSNews.com) – Sen. Charles Schumer (D-N.Y.) and leading Senate Democrats told CNSNews.com on Tuesday that the U.S. economy is in a recession despite the fact that the economy grew by 3.3 percent during the second quarter of fiscal year 2008. One Republican congressman suggested that Democrats are downplaying the state of the economy to boost their chances in the elections in November.