The Recession Question
The Recession Question — by Catherine Morgan
The economy is an important issue to voters, and the voters are getting a lot of mixed-messages about the economy. Is it good? Is it bad? Are we in a recession? Should we be spending or saving? As far as I am concerned…It doesn’t matter what you call it, but the economy is on shaky ground for many Americans. Here is a look at some of the recent news on the economy…
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Comments
Comment from Catherine Morgan
Time: January 10, 2008, 11:53 pm
It sure does look that way Larry. One of these days all the band-aides we have put on this economy aren’t going to hold any longer…Then what?
Comment from Larry
Time: January 10, 2008, 11:44 pm
Thousands are losing their jobs every week, thousands have faced foreclosure and thousands more will go through it this spring as balloon payments come due, and credit is very tight.
Oil prices hover around $100 a barrel and is predicted to hit $150 by spring.
The deficit is out of control and billions are wasted monthly on Bush’s forever war.
It appears to me this is the beginning stage of a Modern Day Depression.