Well, Goldman Sachs says the economy could shrink 3.5 percent (most likely), 6 percent (possibly) or 7.8 percent (Eeek!) this quarter. Economist Lyle Gramley of the Stanford Group now thinks a 5 percent drop is likely.
Well, Goldman Sachs says the economy could shrink 3.5 percent (most likely), 6 percent (possibly) or 7.8 percent (Eeek!) this quarter. Economist Lyle Gramley of the Stanford Group now thinks a 5 percent drop is likely.
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.
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HillbillyBill of TN 5:30AM November 19, 2008