Kaye
Line Up and Wait
So the AP says that the housing downturn is pushing us towards a recession.
http://www.msnbc.msn.com/id/20730894/
But this statement just floored me:
“Of course, when the economy slows to a 1 percent pace, it runs the risk of falling into an actual recession, just as when an airplane’s velocity dips down to its ’stall speed’ and falls out of the sky,” Shulman wrote."
Gotta love the press and their analogies.
http://www.msnbc.msn.com/id/20730894/
But this statement just floored me:
“Of course, when the economy slows to a 1 percent pace, it runs the risk of falling into an actual recession, just as when an airplane’s velocity dips down to its ’stall speed’ and falls out of the sky,” Shulman wrote."
Gotta love the press and their analogies.