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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (13557)	2/26/2003 2:54:47 PM
From: lurqer	Read Replies (1) \| Respond to of 89467

I thought for a while lately that the recession would be triggered by the car sector now I think it will be the consumer who retrenches from higher energy costs and it will be the corporate profit squeeze from higher production costs which breeds layoffs and more consumer retrenching still While in no way arguing with this, I still believe the coming end to the current auto contracts will have powerful effect this fall. An effect that will ripple throughout the economy. JMO lurqer