Off-Topic: Has the Double Dip Arrived?
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Name:   Jim Dandy The author of this post is registered as a member - Email Member
Subject:   Has the Double Dip Arrived?
Date:   6/1/2011 3:14:41 PM

A few headlines from today -

The Dow industrials fell more than 200 points, as economic data boosted concerns about a slowing economy

U.S. manufacturing slowed sharply in May, according to ISM data. Meanwhile, ADP said private businesses added just 38,000 jobs in May as large companies cut workers.

Home prices have sunk to 2002 levels, effectively wiping out almost a decade's worth of home equity across the U.S. and imperiling the fragile economic recovery.

And best of all -

Republican leaders said they told President Barack Obama at a White House meeting Wednesday that he needs to offer up a detailed plan to reduce the federal budget deficit, a call they said Obama rejected

Other messages in this thread:View Entire Thread
Has the Double Dip Arrived? - Jim Dandy - 6/1/2011 3:14:41 PM
     Yes....and its gonna be bad - MartiniMan - 6/1/2011 9:55:24 PM
          Yes....and its gonna be bad - Barneget - 6/1/2011 11:22:13 PM



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