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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (63352)4/20/2009 2:13:05 PM
From: Bald Eagle2 Recommendations  Read Replies (1) | Respond to of 224729
 
With Obama's policies, it will definitely be a long slog.



To: Kenneth E. Phillipps who wrote (63352)4/20/2009 3:38:22 PM
From: DizzyG2 Recommendations  Respond to of 224729
 
Long slog, Kenneth?

I don't think so:
U.S. Leading Economic Indicators May Signal Recession Will Ease

By Bob Willis

April 20 (Bloomberg) -- The index of U.S. leading indicators for March may show the longest recession in the post- World War II era will start loosening its grip in coming months, economists said before a report today.

The gauge of the outlook over the next three to six months dropped 0.2 percent following a 0.4 percent February decrease, according to the median estimate of 40 economists surveyed by Bloomberg News.

The report will support Federal Reserve Chairman Ben S. Bernanke’s view that the economy is taking a potential “first step” to recovery. The billions of dollars being pumped into financial markets by the central bank are helping to lower borrowing costs, while the Obama administration’s stimulus programs may boost spending.

“There are signs that the downturn is starting to abate in certain sectors,” said Jonathan Basile, an economist at Credit Suisse Holdings USA Inc. in New York. “We’ll start to see smaller minus signs” in economic growth.

bloomberg.com