Saturday, January 05, 2008

And So It Begins

Unemployment came in higher than expected. And if you are to be a technical analyst about it, you'll notice that it is a RARE event where housing tanks to such a degree and the economy does NOT fall into recession.


When the recession starts, let's just remember to be intellectually and politically honest and not blame the recession (that should hit right around election time) on George Bush or the democrats in congress.

That being said, any body want to bet the presidential candidates aren't going to play the blame game?

2 comments:

dtrum said...

That's a pretty big time gap between the start of the housing slump and the reaction in the unemployment rate...

Anonymous said...

When I run for president (since you won't), assuming the country's still standing at that time, do you want to be my head economic advisor for my campaign?