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"This is unlikely to end anytime soon, and it is doubtful that president-elect Obama is going to be able to magically make everything better. We are in a recession and it is going to take time to rebound, so be prepared."
Nov 08 21:32 pm
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All Comments by Steven Hansen »Unemployment Rate Soars, Recovery Outlook Worsens [View article]
agreed. however, it will be the temptation of congress for a stimulus package for the consumer. stimulus packages needed to be timed towards the bottom of the recessionary cycle. if they are too early, they will be absorbed without reaping the benefit - and the economy will continue to fall anyway.