Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Kenneth E. Phillipps who wrote (109825)	8/4/2011 8:30:28 PM
From: Hope Praytochange	2 Recommendations of 224749

DOW PLUMMETS MORE THAN 500 POINTS AMID FEARS OF NEW GLOBAL RECESSION Steep market drop stokes fears of sustained economic downturn View Photo Gallery — ?A look at the drama on Wall Street. By Michael A. Fletcher, Updated: Thursday, August 4, 7:11 PM The steep stock market drop that accelerated Thursday is stoking fears that the economy is headed into a sustained downturn at a time when policymakers are particularly ill equipped to fight it. The Dow Jones industrial average was down 513 points Thursday, closing at 11,383. The market has declined by more than 10 percent in the past two weeks. If those losses continued, they would severely undermine the efforts of government and individuals to dig out of the deep debt that many analysts say is at the root of the nation’s economic troubles.

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