1. Commercial Real Estate Collapse
2. More Bank Failures (See #1)
3. Continued High Unemployment through 2010
4. Ominous new taxes and regulations will keep #3 in place
5. Rising Energy & Food Costs
Recovery? Not so much...
Watching the Press tout this as an “amazing recovery”, etc,,, while in ‘03, all we heard was how it was a miserably weak “non-revovery” (Bush was President says it all) and at the same time, unemployment went below 5%, the GDP was over 5%. Proving the tax cuts had a major impact.
The dishonesty of the press and the administration is beyond pale, not to mention the double standard. Makes me sick!