Comments | the_recession: Whitney: Signs of a Double-Dip Have Emerged

cieldumort in the_recession

Whitney: Signs of a Double-Dip Have Emerged

Aug 01, 2011 20:48

CNBC
Signs of a Double-Dip Have Emerged: Meredith Whitney

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austerity measures, layoffs, forecasts, defaults, meredith whitney, double dips, state budgets

Comments 4

Facepalm badnewswade August 2 2011, 10:28:56 UTC

You know, I can understand there being controversy about whether one should raise government spending during or in the wake of a recession - but I find it inconceivable that anyone with more than a child's grasp of economics would actually consider lowering it - yet this exact policy has become the new orthodoxy. Who are these people, these advisors and experts who told politicians that the responsible thing to do in the wake of the biggest contraction since the 1930s was to start waffling about "austerity" and "belt tighetening ( ... )

Re: Facepalm cieldumort August 2 2011, 19:42:21 UTC

( ... )

Re: Facepalm floundah August 2 2011, 21:24:22 UTC

Re: Facepalm cieldumort August 2 2011, 22:14:34 UTC

;)