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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (128716)	12/13/2012 6:13:19 PM
From: tejek	Read Replies (1) \| Respond to of 149317

While the general consensus from the media, and the majority of analysts, is that the U.S. economy will avoid a recession - there have been numerous indicators that have continued to point to deterioration in the economic fabric. Most recently industrial production in the U.S. dropped sharply, along with capacity utilization rates, due to the growing recession in Europe, and slowdown in China, which has impacted exports from domestic manufacturers. Yes, MM, we will have a recession some time in the future. I'll get back to you when I have an exact date; no wait, let me pull an ECRI. We will have a recession some time between now and 2020. How's that?