Recession

[tw]

The market was due for some serious corrections. But George Jr is doing everything he can to push the nation into recession. He keeps talking down the economy to the point that consumers now fear for their jobs and have stopped purchasing anything. Yes the economy will not have the growth rates of the Clinton years. Those were abberations created, in part, by a sudden release of new technologies stifled in the late 70s and 80s.

There is no intelligent reason to make all think we are in recession. However there are campaign promises to certain big, legalized bribers. They want lower taxes - let government debt remain a worry ten years from now. What better way to get useless tax reduction legislation than to talk badly about the economy. Bush Jr is meeting his campaign promises without regard to the damage he does accordingly.

Even Alan Greenspan in his fear of irrational exhuberance never talked so recessionary.