If you're interested in the recession and HOW to get out of it- you need to read Krugman's End this Depression, Now ! Very insightful book.

I won't give it away (though it's not rocket science - most of you can probably guess the way to fix it) however I'm becoming more convinced the GOP KNOWS how to fix it and is going 180 degrees the opposite direction to fsck BO and try to regain power. Anyone who believes their austerity BS is not paying attention !! GO look how well it's not working in the UK !!

BO needs to enlist the people and steam roller over them !! grin

a little factoid: After WWII we had a $270 billion debt, it was 120% of GDP, and the same dogma we hear now was being played- austerity, cut , cut, cut !! However the Govt continued to spend (GI bill, FHA Housing, etc) and the resulting BOOM cut our National debt to 60% GDP in < 5 years. The debt continued to grow but the GDP grew much faster. Our current situation is very similar. (Arte Johnson voice) . . . verrr-ry in-ter-est-tinc !! wink
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David (OFI)