Actually...the dreaded “D” word—is ALREADY here for most people—and THIS time—I do not mean demoncrat.
Funny. After years of <2% growth think anyone will be able to tell the difference?
The dreaded “I” word as well. Food prices at our local Costco are going up dramatically.
So is it safe to say we can consolodate the “R”, “I”, and “D” words into the general catagory of we’re just “F’d “ ?
This is a teachable moment here. With 2008 fresh in everyone’s mind compare the media’s economic reporting pre 2008 recession to today’s reporting.
From November 07 to November 08 the MSM was predicting the coming recession on an almost nightly basis. “Economic free fall” was a term thrown around constantly.
Today we’ve already had 1 qtr of negative growth, 1 more and we are in a recession but, there are no predictions of “economic free fall” from anyone outside of a few conservative sources.
I’d say we are in worse shape today because we are heading for a recession without all of the fear inducing panic of 08.
Recession + inflation = STAGFLATION.
ANOTHER reason why Obama is stupider than Carter.
Heard on Bloomberg Radio the other day “...what with the housing recovery, economic recovery and the recovering unemployment and inflation...”
These degreed, well paid ‘experts’ are truly spinning knobs and throwing switches THAT AREN’T CONNECTED TO ANYTHING!!!
No, not Recession...I think it is Depression...or worse...
Recovery Summer 6.0
Sixth version to have trouble booting up.
the recession never really went away