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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DavesM who wrote (233098)3/2/2002 5:08:25 PM
From: Mr. Whist  Respond to of 769670
 
Re: "It is beginning to look as though this recession may be one of the most shallow in history."

Not so fast. From this weekend's Wall Street Journal:

* * * * * * * * *
Despite Friday's strong rally and more hints of economic recovery, at least one prominent economist worries that a double-dip scenario is not out of the question.

"That's quite possible in equityland," says Stephen Roach, chief economist at Morgan Stanley, who puts the odds of a double-dip, or W-shaped, recovery at 60%. "The market's concluded that recovery's a done deal. If that gets challenged, there'll be a sharp selloff."
* * * * * * * * *



To: DavesM who wrote (233098)3/2/2002 5:12:21 PM
From: Mr. Whist  Read Replies (2) | Respond to of 769670
 
Re: "I would imagine that the Federal Government still guarentees loans and offers grants."

For those who haven't put a kid through college in recent years, the numbers will shock you. I speak from experience. I'm currently on the 6th year of nine straight years of paying college tuition, dorm fees, etc.

The bottom line is: If you're middle class, forget about any help from Uncle Sam (or the school). College is a breeze if your parents are indigent or worked for Enron in upper management.