So, apparently the top economists of the world are wrong. Economist-Extraordinare, President Bush, has declared that we are in fact not headed for recession, and that his "Take the Money and Run" plan, the one that gives $600 cash to workers earning less than $75,000, is going to fix everything.
Nevermind what the FED's Ben Bernanke said earlier this week.
"The risks to this outlook remain to the downside," Bernanke said. "The risks include the possibilities that the housing market or labor market may deteriorate more than is currently anticipated and that credit conditions may tighten substantially further."
Everything's coming up roses.
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