On Jan 9, 9:02*pm, HK wrote:
JimH wrote:
"HK" wrote in message
...
Tim wrote:
On Jan 9, 12:32 pm, BAR wrote:
HK wrote:
...says the recession is about on us.
This would be The Bush Recession.
Bye, bye GOP. *:}
I though a recession in the last year of your presidency didn't count?
I'll give Harry the benefit of the doubt

"Hatzius is expecting the recession will be fairly mild, lasting only
6 months, with the economy declining by no more than 1 percent in any
quarter. .."

Then again, isn't this the same thing that Greenspan did the last year
of the Bubba?

"But that is based on his assumption that the Federal Reserve cuts
rates deeply and quickly, to 2.5 percent from its current 4.25
percent. He also believes that given election-year pressures, there's
likely to be some form of tax cut or rebate to try stimulate the
economy. "

http://money.cnn.com/2008/01/09/news...sion/index.htm

What matters, if we have a recession, is the timing. If we are in a
recession just before the election, then it will hurt the Republicans.

If, if, if.................

Don't blow you wad over this Harry.

Oh, I'm not. I feel pretty good about the fall elections. I think Bush
has pretty much poisoned the well for any GOP hopeful. The economy just
plain sucks already.- Hide quoted text -

- Show quoted text -

Harry, The way I see it, if it sucked already you wouldn't have been
able to afford the new Parker, and there probably wouldn't be a Parker
factory left to build a boat for you to buy anyhow. That's the kind of
stuff that gets a recession close to home.

Like the old saying:

A "recession" is when you lose your job.
A "depression" is when I lose mine.