There are alot of mixed signals coming from American analysts reporting for Australian TV on the state of the American economy.
From what I can understand it would be better for your country to call it now.
The blame would fall on the shoulders of Bush, and the new president won't cop the flack for calling it and be able to put in place new measures for you flagging economy.
This would help the new President because as I said he(or she) won't have the stigma of calling a recession, blame and dislike for tougher monetary policy can be then blamed on a person who is no longer in office.
The new President looks like a white knight riding in to fix the country.
Do you think the Bush administration should announce a recession?
From what I can understand it would be better for your country to call it now.
The blame would fall on the shoulders of Bush, and the new president won't cop the flack for calling it and be able to put in place new measures for you flagging economy.
This would help the new President because as I said he(or she) won't have the stigma of calling a recession, blame and dislike for tougher monetary policy can be then blamed on a person who is no longer in office.
The new President looks like a white knight riding in to fix the country.
Do you think the Bush administration should announce a recession?