The policy dilemma facing the Fed may not be a choice of recession or no recession. It may be between a mild recession now, and a nastier one later.Well, great. But, I think that was the choice we faced in 2001. And, we chose 'nastier.'
Arkadyevitchizing America since 2006
By the time you panic, it is way too late -- Lee Raymond, New York Times, July 6, 2008
Every gun that is made, every warship launched, every rocket fired, signifies a theft from those who are hungry and not fed; from those who are cold and not clothed. This world-in-arms is not spending money alone; it is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. Dwight D Eisenhower, 11/16/53
Wednesday, November 21, 2007
17 reasons America needs a recession
Paul Farrell thinks a recession is a good idea, and that the administration should just accept it. He also quotes the Economist noting that one is inevitable.
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