Policymakers Struggle – Recession
Well, as our policymakers find it hard to deal with this problem called recession. They’re finding it even harder to keep the U.S. out of it. We seem to have some problems with the confusion over the housing market which is making everyone’s jobs a lot harder. Will most of us – consumers keep going to those out of control malls and shop, or will we be forced to stop? I think we’ll need to slow our spending and hang on for a ride. Another question to ask yourself – will banks lend freely? I think banks will start reducing their lending, to save move. Some “experts” have begun to suggest that we’ve already hit rock bottom or is in sight. Again, no one can make thier mind up! Some researchers and Analyst’s think we will have to weather the storm and hang on for one wild ride.