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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (58820)	4/12/2008 11:42:08 PM
From: TimF	Read Replies (1) \| Respond to of 543382

As long as the trip is cyclical, there's no reason to visualize abyss. Any apparent developing recession seems to get people to visualize abysses. Esp. when the someone they don't like is in office so they have someone to blame.

To: Lane3 who wrote (58820)	4/14/2008 10:34:28 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 543382

Lane3; This doesn't smell unrecoverable, just nasty. A seemingly unending war, a government with out of control spending, a crashing dollar, inflation across the board in commodities, a baby boom generation just about to start retiring, a trade deficit completely out of balance, oil at 110 a barrel and a housing bust that may last for years. Nasty? I would ask you what you see out there that is going to offer hope? The above list are cyclical issues that once set in motion might just last a while? It use to be housing that pulled the country out of a recession as interest rates fell - I don't see that happening this time. steve