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Double Dip Recession
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<blockquote data-quote="tieguy" data-source="post: 749147" data-attributes="member: 1912"><p>weekly jobless claims up 13 k for the week.</p><p> </p><p>housing starts down</p><p> </p><p>market down another 140 points</p><p> </p><p>a while back I made the point the stimulus money was lighter fluid on wet charcoal. the lighter fluid would burn bright for a while and hopefully dry out and ignite the wet charcoal. At this point I don't see the charcoal representing our economy igniting.</p><p> </p><p>instead I think the increased regulatory actions , health care plan and anti corporate actions and rhetoric by Obama has acted as more water on that charcoal. pay your bills and tighten your belts trouble looms on the horizon.</p></blockquote><p></p>
[QUOTE="tieguy, post: 749147, member: 1912"] weekly jobless claims up 13 k for the week. housing starts down market down another 140 points a while back I made the point the stimulus money was lighter fluid on wet charcoal. the lighter fluid would burn bright for a while and hopefully dry out and ignite the wet charcoal. At this point I don't see the charcoal representing our economy igniting. instead I think the increased regulatory actions , health care plan and anti corporate actions and rhetoric by Obama has acted as more water on that charcoal. pay your bills and tighten your belts trouble looms on the horizon. [/QUOTE]
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