[thinkthenpost]

About the only think I agree with in this article is if economic growth slows it might tumble, other than that he sounds like Chicken Little. Energy prices have doubled and the economy has been chugging along, I don't know when enough is enough, but I think the fed raising rates is what is going to slow things down and I think they have probably already raised too far. I also think until wage inflation begins the "inflationary cycle" of run away prices can't get rolling because no has more money than they had. The only really high wage report I can recall was May '06. I believe the Fed with Greenspan and now Brenacke (?sp) have been fighting a mostly nonexistent inflation monster and I think they are going to fight it right into another recession. I of course also believe the last 2 recessions Bush in '92 and Clinton in '00 were if not caused, were greatly helped along by Mr. Greenspan's inflation paranoia. That's my opinion and it's worth what it cost you.

[Alberta's Child]

An important thing to remember here is that higher energy prices have largely been absorbed by producers rather than passed along to their customers. I suspect the reason for this is that most producers have had the ability to make up for these higher energy prices elsewhere in their production and distribution process.

[hubbubhubbub]

"About the only think I agree with in this article is if economic growth slows it might tumble, other than that he sounds like Chicken Little."

LOL. A common tactic of leftists is to call someone they don't agree with a name (e.g. chicken little) without refuting any of their points nor making any substantive points yourself. Are you from DU?