A Comment About

Is the Downbeat Business Press Right About the Economy?

January 23, 2008 - 1:00 am - by Tom Blumer
Tracy
2008-01-25 07:03:46

I believe the economy can NOT fall into recession absent a very large, very serious demand shock and if 9/11 and Katrina barely registered, it would have to be big indeed. That said, there are significant cracks in the foundation and they are big enough to swallow whole companies and communities. Like politics, economic opinion is all local.