Have we seen the worst of the recession now ?
Submitted 32 hours ago by gschenkel
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| Yes | |
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| 26 votes 24% | |
| No | |
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| 47 votes 44% | |
| Unsure | |
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| 22 votes 21% | |
| Don't care | |
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| 12 votes 11% | |
depression! people depression! we are past a recession we are in a depression.
A recession is when it happens to your neighbor. A depression is when it happens to you.
Obama is forging ahead with more bail out plans, more taxation, and more stimulus spending. We have not bottomed out yet.
And the alternative is of course letting the businesses (and therefore the country) go bankrupt.
No, the alternative is letting the ones who profit from the economic devastation rule the world.
This same question was asked in 1930, 1931, 1932........all the way into 1940. Most people back then, couldn't fathom that such a great nation like America couldn't figure out how to get back on the right track. Guess what most historians agree, that put us back?