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Federal Reserve officials now fear that the U.S. economy will take at least five or six years to fully recover from the biggest economic downturn since the Great Depression
Fed officials also trimmed their forecasts for growth this year to a range of between 3 percent and 3.5 percent from the 3.2 percent to 3.7 percent they projected in May.
Someone remind me again how much of this growth is GOVERNMENT growth?
Federal Reserve officials now fear that the U.S. economy will take at least five or six years to fully recover from the biggest economic downturn since the Great Depression
Fed officials also trimmed their forecasts for growth this year to a range of between 3 percent and 3.5 percent from the 3.2 percent to 3.7 percent they projected in May.
Someone remind me again how much of this growth is GOVERNMENT growth?
It's no surprise. Anyone that listened to Obama during the campaign should have figured he would be a disaster economically.
After the R's took 8 years to completely destroy it?
That's no time at all.
The Dems have had control for quite a few years before Obama got..
Elected.However theres plenty of blame to go around for both parties.
Not to mention greed,people living beyond their means,etc that..
Caused this mess.
After the R's took 8 years to completely destroy it?
That's no time at all.
Ahhh..I see you're following the Democratic handbook right to a tee. When all else fails Blame the other party!! Guess you forgot that since the Dems. took control of congress in '06 the countries gone on a downward spiral. This MESS was caused mainly from the financial industry and do I need to remind you who was in charge of that too? Psst..Christopher Dodd(D) Actually goes even farther back to Clinton and Ted Kennedy wanting to give low income people housing, but I'm sure you already knew that!
Federal Reserve officials now fear that the U.S. economy will take at least five or six years to fully recover from the biggest economic downturn since the Great Depression
If this is true, it sounds like it's time to invest with payday or car title lending firms or some other company run by predatory bloodsuckers.
They'll have a field day if the economy doesn't perk up.
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