Yahoo Breakout: Is the U.S. Heading into Double-Dip Recesion?

• Is America in a recession?  No, leave it up to NBR
• After a huge crisis, indebtedness, takes years to unravel
• Stimulus not enough, very weak economy
• Reduces chance of absolute slump (stimulus)
• Massive contraction won't happen.  Long and painful experience, lengthy process
• Accelerate debt reduction as a possible solution, details of program?
• US Economy dependent on household spending
• Corporations sitting on cash, what to do?  Want to see investment.  Encourage disbursement of cash.
• Emerging market demand will carry things for a while, but not enough