Are we really headed for a recession?

Hoover Institution ^ | 1/30/08 | Hoover Institution

[John Robie]

It is all for profit. The labor overseas is cheaper, and these people are not concerned with US security.

I have noticed your observation among many conservatives. The biggest current shortcoming of conservatives in America is that we are not concntrating on this problem. That is why I like Hunter.

Liberals provide no positive alternative on national security, but conservatives and Republicans are not doing enough to protect and increase our productivity.

[John Robie]

Great post.

[Mr. Jeeves]

Yeah, but as a result of the bubbles, the mean is way down there. ;)

[Eyes Unclouded]

Class of 05. There are some other people on this board alums mostly but a few parents of former students.

[steelboy]

America in recession; freepers in denial.

[Cincincinati Spiritus]

The American economy has moved beyond the manufacture of commodity goods to the production of knowledge-based goods and services. We export ideas and technology that enables the rest of the world to more efficiently make goods.

If that's the case, then we're not just headed for recession, but economic collapse. Having been interested in education a long time and a teacher for the last several years, it's quite clear our schools from elementary through university are not just slumping. They've gone over the precipice. It's only a short matter of time, before we've spent all of our intellectual assets that we've inherited from our forebears. The game is up.

Interesting thread. Sorry for my late addition.