An interesting read on Yahoo, the article " Jobless Rate Hits 5 Percent, a 2-Year High, Fanning Recession Fears".
Unemployment Up, Stoking Recession Fears: Financial News - Yahoo! Finance
There is also a NBC News article "Recession Fears Stoke Political Debate"
Recession fears stoke political debate - Eye on the Economy - MSNBC.com
With the recent high cost of $100 plus for a barrel of oil (which has gone back to abut $98 plus), the credit crunch and the housing slump in some parts of our country one has to wonder if a recession is around the corner.
Unfortunately it will probably be the poor, the elderly and those on limited incomes (retirees, the disabled, etc...)that will suffer the most from high gas prices, high heating costs, high food prices, etc..., etc....., etc.....
GOD BLESS
Unemployment Up, Stoking Recession Fears: Financial News - Yahoo! Finance
There is also a NBC News article "Recession Fears Stoke Political Debate"
Recession fears stoke political debate - Eye on the Economy - MSNBC.com
With the recent high cost of $100 plus for a barrel of oil (which has gone back to abut $98 plus), the credit crunch and the housing slump in some parts of our country one has to wonder if a recession is around the corner.
Unfortunately it will probably be the poor, the elderly and those on limited incomes (retirees, the disabled, etc...)that will suffer the most from high gas prices, high heating costs, high food prices, etc..., etc....., etc.....
GOD BLESS