Economic Recession, Consumer Depression

Economic Expert?

I've got to say, this seemed more of an op-ed piece than a true interview about the economy. The person asking the questions seemed far more articulate than the one answering.

I mean really... "cars are very important to the American psyche"? Comparing ideas of James Dean from half a century ago to why many think the economy is flat despite evidence? This sounds like something our high school intern would've come up with.

I'm sorry, but this seemed very biased in foolish way, in my opinion.

J of WI @ Jul 29, 2008 13:34:47 PM

The sage spoke twice in 3 posts

Don't blame Republicans, he says. Put your money under a matress, he says. Anything else we should ponder?

Daniel David of NM @ Jul 29, 2008 11:20:20 AM

Yes, Blake. Because you're an American, you're not supposed to be able to lose your job, or pay for high gas. Oh nos, this is the fault of those evil Republicans. If those evil Republicans just allowed more government spending to occur and raise our taxes even further, we wouldn't be in this mess. No, you couldn't possible be expected to just conserve on things you're not supposed to be spending your money on, right?

Chris of AZ @ Jul 29, 2008 10:36:21 AM

Economy in Great Depression; economists in denial

It's not got milk? it's got job?

What I see with my own eyes now is shocking.

Everything is collapsing. None of my friends

have a job. My programming job went to India.

Gasoline in 2002 was 1.75 a gallon in

California and now it's just below 5.00 per gallon.

Electricity prices are going up, water prices

are going up, food prices are going up.

When I go to the grocery store it's like an empty

stage in a play because there's practically

nobody shopping.

The Republicans sold out to outsourcing and cost America

millions of jobs. The middle class is being gutted into extinction.

College educated Americans that can't find jobs will have to

start all over again in a new country, anywhere but here.

Congress is clearly not working for "We The People" because

otherwise we'd all have jobs, and We The People don't have jobs.

I love America and it's sad that this is happening. Stores

are closing, houses are being foreclosed by the millions,

and now banks are starting to fail. I don't see any job openings anywhere that pay a living wage to support a family and buy a house.

Blake Southwood of CA @ Jul 29, 2008 02:58:05 AM