Economy skids to near halt »
Posted By STONERS 10 months, 2 weeks ago in Business & FinanceThe economy skidded to a near halt in the final quarter of last year, clobbered by dual slumps in housing and credit that caused people and businesses to spend and invest more sparingly.
Read Full Story at news.yahoo.com »
Submitted By:
STONERS
HAPPY NEW YEAR TO EVERYONE...Thought for the day- Handle every stressful situation like a dog, if you can't eat it or hump it ...
Related Articles:
Why not submit a story?
Join the Discussion 
+ Add Comment
Comments So Far: 4
-
0%
STONERS10 months, 2 weeks ago
"The Commerce Department reported Thursday that the gross domestic product increased at a scant 0.6 percent pace in the October-to-December quarter. The reading unchanged from an initial estimate a month ago underscored just how much momentum the economy has lost. In the prior quarter, the economy clocked in at a brisk 4.9 percent pace."
"The economy just kept its head above water," said Nigel Gault, economist at Global Insight."
Reply -
0%
bubba210 months, 2 weeks ago
But BUSH says "everything is ok" and that the economy is "robust"! So doesn't that mean that everyone ELSE is wrong and HE is right???
I think not ....
What an enormous MESS this country - and the world - is in because of the incompetence, law-breaking, self-serving 'leadership' from the Bush administration for the last 7 years.
Reply -
0%
BoxMonkey10 months, 2 weeks ago
Man STONERS , You are really driving the issue home . Good Post ,again .
Reply -
0%
TheRealizer10 months, 1 week ago
As a nation we are exporting wealth, and importing poverty. How long can this go on without this nation going into a full fledged depression?
We must try to rebuild our industrial-manufacturing base or we will go down in history as a failed nation.........
Reply
Add a Comment
Please keep your comments relevant to this story.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.