Quote:blackaeronaut wrote: For the mistakes Obama made, I'd gladly take them in exchange for stopping the recession dead in it's tracks.I don't know if you've noticed, but we never stopped having a recession. And even if we did, we're about to go into double-dip.
The only reason we're not in an outright depression (re: stag-flation) is because interest rates have been kept artificially low. The fed is not worried about inflation at this point. They're worried more about deflation. If we still have this shit-hole of an economy and then go into deflation at the same time, that's when we'll be truly in a depression. And unfortunately, it still looks like we're headed in that direction. The brakes are on full and the sparks are flying, but this train is way too heavy to stop easily.