Re: What about the Depression?
December 26, 2008 at 07:47 AM EST
[Skip to the end] Yes, and gasoline consumption went up a bit as well. Down only 4% year over year. The deficit is also ‘automatically’ getting larger as well. We could stop declining as fast and just go into ‘muddle through’ mode at higher levels of unemployment. And this could encourage the mainstream to do what [...]