It is about the underlying concepts of our political system. Do we want to stick to the concepts that made America strong and rich? Or do we want abandon them and experiment with new political concepts?
The seven "Wise Men" announced today that the economy entered a recession back in December 2007. The "Wise Men" are seven economists on the NBER Business Cycle Dating Committee.
Chairman of the U.S. Council of Economic Advisors Edward Lazear said on Sunday that parts of the nation seem to be in recession, but the government's ...