Monday, September 17, 2007
Recession On Its Way???
Recession likelihood increases with Administration's continued denials that there is anything seriously wrong with the economy - guess they'd rather be seen as ignorant than foolish in failure. Expected Federal Reserve Board rate cut on Tuesday Sept. 18 will only be a band-aid now... What is needed now is the same thing we needed eight years ago: a sound fiscal policy that pays for what we use NOW and not later, and not hiding it beneath popular "tax cuts". While I am not a big fan of Federal programs in general or of her global health insurance plan specifically, it looks like Hillary's the one to get it done. Watch for my Iraq War posts to follow.
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