recession

Comment #4

justxploring — Thu, 24 Jan 2008 22:49:40 GMT

Spy, the word recession is a scare tactic. I hate to say this, since I am a Democrat. Global warming, recession and the rest..all real, all possible, all bad for us. But politicians have a game they play to stir up the public. Everyone knows that I am not a Bush supporter, but wouldn't it be grand for liberal Democrats if he ended his presidency with a recession and they brought us back from the damned? Yes, the economy stinks, the war in Iraq was a big mistake, and our money has lost its value. However, I lived through the 70s and my life wasn't much different before, during or after the recession. A recession just means that we are experiencing negative growth, and that's nothing new. We are already in a recession as far as I'm concerned. There is an old saying "A recession is when your neighbor loses his job. A depression is when you lose your job." Recession, depression...it's all bad. We need to turn this country around fast.... [ More ]

Comment #3

spy153 — Thu, 24 Jan 2008 22:15:33 GMT

I'm for the good of the country. I have so many things going on right now, I'm not sure how this tax cut or interest rate drop will affect me. But, I can remember the last recession. I don't want another. If it helps stave off a recession, I'm all for it.

Comment #2

justxploring — Wed, 23 Jan 2008 20:47:42 GMT

<br />Anyway, try looking at it this way. The people who saved and saved and saved are the ones who are being hurt so everyone living on credit can enjoy lower rates. <br

Comment #1

Rick G — Wed, 23 Jan 2008 18:49:15 GMT

It is surprising it took the Federal Reserve that long to lower the rates. They should have been doing it steadily for months.

Original Blog Entry: recession

LOTTOMIKE — Wed, 23 Jan 2008 07:58:48 GMT