Chris Isidore
"Going back into recession now would be scary, because we don't have the resources or the will to respond, and our initial starting point is such a point of weakness," said Mark Zandi, chief economist at Moody's Analytics. "It won't feel like a new recession. It would likely feel like a depression."........
Investors aren't the only ones worried about the U.S. economy. Economists are raising the odds of a double dip recession and predicting it would be an especially painful downturn.......
But what has economists particularly worried is that the tools generally used to try to jumpstart an economy teetering on the edge of recession aren't available this time around.......
Investors aren't the only ones worried about the U.S. economy. Economists are raising the odds of a double dip recession and predicting it would be an especially painful downturn.......
But what has economists particularly worried is that the tools generally used to try to jumpstart an economy teetering on the edge of recession aren't available this time around.......
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