No Recession Here—Move Along Now

Reader Comments

Back to blog

Ha! America can no longer be the worlds police force ,we can not afford to be . If we continue with our current policies,we will bankrupt our great nation. The weak dollar policy will compound this in very serious ways , our elected representatives had better look at the facts ,and not engage in politics as usual !! The stage is broken ! Lets get it fixed !

Charles Duwe of NY 11:49AM February 29, 2008

Many businesses, including ours, are doing very well. Actually up 25% in the 1st 6 weeks of the new year. Only construction related areas are being impacted. People are ignoring the baby boomer spending effects and are paying way too much attention to certain coastal locations, over covered by the media. Stop running for cover and run your businesses and your lives.

AG Nunn of MO 11:31AM February 29, 2008

It is a combination of factors that is affecting this country, the largest being almost $10 trillion dollars of debt. All things considered, the country is essentially broke. The price of a loaf of bread and a gallon of milk is the canary in the mine. If we're not in a recession, we're teetering on a depression.

No matter how it is "spun", we're in serious trouble, due to numerous factorsWe can talk, or we can act. The case of talking, we're going to fall off the precipice; the case for action, we might be able to salvage the economy. But if we take the route that has been taken in the past, figuring that this will, "work it out on it's own", the road ahead will be very rocky.

Bob Funke of NE 10:50AM February 29, 2008

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

advertisement

advertisement