10 signs the double-dip recession has begun
Date: 2011-08-01T05:43:17.707
Author: AAA Staff
Editor note: Friday's news on GDP shows the double dip has arrived — an expansion of only 1.3 percent and consumer spending up 0.1 percent in the second quarter. Astonishingly low by any account. The debt ceiling trouble and lack of a longer term resolution to the deficit will make it worse.
The U.S. has entered a second recession. It may not be as bad as the first. Economists say that the Great Recession began in December 2007 and lasted until July 2009. That may be the way that the economy was seen th
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View original artilce: http://www.msnbc.msn.com/id/43946055/ns/business-us_business/
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