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To: Big_Monkey
The WSJ journal piece, at least to me, is very suspect because apparently none of these economist are giving any consideration to the massive, historic government spending as a percentage of GDP.

Actually, the forecast of an end to the current recession is consistent with the most interesting longer-term forecast I have seen - that we'll get a double-dip recession, with the second recession hitting next year as all that spending and creation of money nails us with bad inflation.

14 posted on 04/10/2009 11:03:50 AM PDT by dirtboy
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To: dirtboy
"we'll get a double-dip recession"

Just like Baskin Robbins! Make mine a triple dip, with a cherry on top.

You are undoubtedly correct that it will be at least a double-dipper.

All these so-called economists are doing, is looking at the classic leading indicator; the stock market. They are counting six months out and "forecasting" an economic rally, just like the current stock market rally.

Just like the market, where some companies are doing well and generating increased earnings, some parts of the economy will recover as well. As a result of that, the Kenyan and his congressional moonbats will endeavor to suck the blood out of those sectors with massive regulation/manipulation, and the economy will tank again. And again. And again. Until we all "work" for the government.

Unless we can figure out a way to overcome the vote fraud.

29 posted on 04/10/2009 12:20:40 PM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)
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