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Does gathering gloom raise risk of double dip?
2 posters
Does gathering gloom raise risk of double dip?
Does gathering gloom raise risk of double dip?
With recovery limping along, pessimism could begin weighing on growth
http://www.msnbc.msn.com/id/43432796/ns/business-eye_on_the_economy/
Economists say the lingering effects of the Great Recession help explain
why so many businesses, investors and consumers remain so gloomy about
the outlook for the U.S. economy. The mood appears to be worsening,
leading to a concern among economists and others of a self-fulfilling
prophecy -- that worried consumers will slow spending, further hampering
the recovery, and perhaps raising the risk of a double-dip recession or
at least yielding years of sluggish growth.
Of course, instead of admitting that there never was a recovery, they are trying to blame the people for being pessimistic.
As if nobody is buying anything because they are in a bad mood. How stupid. Nobody is buying anything because they can't.
Apparently, 71% of the people that took the poll aren't buying it either.
How do you feel about the economy?Discuss this story
15%
I think this is just a soft spot
1,174 votes
9%
I worry we are heading back into recession
693 votes
71%
It doesn't feel like we ever got out of recession to me
5,458 votes
4%
I'm not sure what to think
338 votes
With recovery limping along, pessimism could begin weighing on growth
http://www.msnbc.msn.com/id/43432796/ns/business-eye_on_the_economy/
Economists say the lingering effects of the Great Recession help explain
why so many businesses, investors and consumers remain so gloomy about
the outlook for the U.S. economy. The mood appears to be worsening,
leading to a concern among economists and others of a self-fulfilling
prophecy -- that worried consumers will slow spending, further hampering
the recovery, and perhaps raising the risk of a double-dip recession or
at least yielding years of sluggish growth.
Of course, instead of admitting that there never was a recovery, they are trying to blame the people for being pessimistic.
As if nobody is buying anything because they are in a bad mood. How stupid. Nobody is buying anything because they can't.
Apparently, 71% of the people that took the poll aren't buying it either.
How do you feel about the economy?Discuss this story
- I think this is just a soft spot
I worry we are heading back into recession
It doesn't feel like we ever got out of recession to me
I'm not sure what to think
15%
I think this is just a soft spot
1,174 votes
9%
I worry we are heading back into recession
693 votes
71%
It doesn't feel like we ever got out of recession to me
5,458 votes
4%
I'm not sure what to think
338 votes
Jen- Admin
- Posts : 1684
Join date : 2011-02-12
Location : Ohio
Re: Does gathering gloom raise risk of double dip?
IMO ? We have never gotten out of the Recession ( AKA: Depression ) !!!
requete'- Premium Poster
- Posts : 290
Join date : 2011-02-14
Age : 74
Location : Flint, Michigan
Job/hobbies : Long Term Unemployed - 99er- now Retired
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