75% Recession
Posted By: Dr. Frugal in Economics on 03/18/2008 at 11:30:22
According to CNN 75% of Americans think we're in a recession. I for one, do not think so. I'd really like to know who they're polling. They're certainly not calling people at work--people who have jobs. They're calling people at home and the likelihood of someone sitting at home not having a job is probably much greater than someone being called at work. If they called me I would happily tell them I spend as much money as I always have (not much) but I think the fears are completely unwarranted. I think the market is just correcting itself after being abused for so long with the credit debacle.
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