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Dogsarecoolclub

Do you think we're in a Recession, Inflation or Stagflation? Economists are loathe to answer.

Bush, Bernanke, Gates, etc. can't seem to find a word for it. The market value of our dollar has plunged so low as to trigger another Land Rush, (like the one held in Oklahoma two centuries ago). The price of gas is approaching $5.00 per gallon, dairy products and as most food staples in our diet are out of control. What is going on?
Bewitched:

Recession. They have actually admitted that we may be in the beginning of a recession. They are afraid to use this word because they think that the average American is incapable of coming to this conclusion on their own. Therefore, they think they will incite panic by saying "recession."

Doctor Woot:

you got mine here, BA

Emma:

The "official statement is that we are in a recession, however it looks more like we are going to continue into a depression just like in the twenties, the same factors that were there then are here now, however the government has step in thing that in the twenties was done but very little, lets hope he economy is saved or else i don't think we will rise to the power we have now ever again if we fall into a depression for other countries would see their chances with us easily.

DogLover:

Yes!
And have been for a while now.

Texas Girl:

something has to be done about the fuel situation.

BIG DOG:

It called debt

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