People are worried and a double-dip recession is back on the minds of Web users. Google searches for double dip recession have shot up in the past two weeks. http://blogs.wsj.com/economics/2011/06/17/what-google-can-tell-us-about-a-double-dip/?mod=WSJBlog [ame="http://www.youtube.com/watch?v=-jOFir0EewE"]YouTube - ‪911 Country Down‬‏[/ame]
Double-dip recession risk still with us... Odds of a double-dip recession are still high August 5, 2011: Even after the unemployment rate fell in July, economists say the risks of a double-dip recession are still high.
To be or not to be... Is the economy headed for a double-dip recession? 8 Aug.`11 - Some economists think the nation may be on the brink of a double-dip recession.
Is what Warren Buffett said on Charlie Rose last night... Economists: Second US Recession, If It Hits, Could Hit Hard August 15, 2011 - Some economists are worried that the United States is poised for another recession. They warn that a so-called "double-dip," if it comes, could be more painful for average Americans than the 2007-2008 recession. Jobs, incomes, output and industrial production are all weaker now than they were then. One sector that has been hit especially hard is housing. See also: World Bank Chief Warns of New Danger Ahead August 13, 2011 - The president of the World Bank is warning the world's already troubled economic recovery is in even greater trouble.
Indeed. What is the purpose of this thread again? Saying people are worried about a double dip recession is like saying water is wet. Is the OP trying to foster increased panic and pessimism? Panic the herd?
A double dip recession will be nothing compared to the economic collapse that will happen if Democrats continue to insist that systemic entitlement reform is off the table. Yes, austerity causes a recession, but that recession is necessary to save America. We are going to have to adopt a more Laissez Faire attitude towards society if we are going to survive. As far as I'm concerned until Democrats actually surrender on that point and actually make bipartisan attempts to reform them on the level that Paul Ryan wants, I'm not interested in tax increases on anyone.