Does anyone here think that we might be headed for a double-dip recession? The economy makes me nervous given all of the debt this country has incurred and unemployment still hovering around 10%.
I don't know how we can't be headed for some even worse hard times. With the national debt as high as it is and money being still being spent by the government like it's going out of style, something is bound to break at some point.
I'd say there is a strong possibility that we are heading for a double dip recession. Even the economists are finally waking up to this. It doesn't matter how much money you throw at the problem until you actually fix the problem it's still there. In this case the problem is there are NO jobs. No Jobs=No money.
I don't think it's a question of if but when. Things just aren't getting better and until there are jobs created that keep money in this country it's not going to get any better.