Saturday, April 23, 2011

Another Recession?

I didn't know the last one was over....


The Tipping Point.
Of the six US recessions since 1970, all but the "9-11 year 2001 recession" have been linked to—of not triggered by—energy prices that crossed the 6 percent of personal consumption expenditures, he said. (During the shallow 2001 recession, energy prices had risen to about 5 percent of spending, which is higher than the long-term 4 percent share.)
So it now costs me $4.00 to get my $5.00 corn flakes.
Barry, Nancy, and Harry spent how many trillions of dollars to fix the "Great Recession"?
What a losing, lying bunch of leftist loonies....

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