Carl leason

Recession Watch: It's Probably Already Here

Good points and as a Realtor for the past 26 years, I have never seen sales so slow ! It's very similar to the Reagan Years when Herb Volker raised interest rates, to the point that mortgages were at the 17-18 pct rate. ! Home sales have dropped tremendously and that affects the whole economy. Car / Truck sales are way down even with low or zero int. rates are being offered .
It's time we all realized that we ARE in a recession ! LC