Whoever knows he is deep, strives for clarity; whoever would like to appear deep to the crowd, strives for obscurity. For the crowd considers anything deep if only it cannot see to the bottom: the crowd is so timid and afraid of going into the water.

- Friedrich Nietzsche

Recession Official

Goldman Sachs has come out with their call of a recession. Though they believe it will be short lived, they believe it is coming--as we have been saying for a while, it is here.

The interesting thing about this is that they are placing the recession at the time of the presidential election, which means it will become the primary focus of the campaign. Do you believe any of the candidates will have the courage to honestly speak and tell the citizenry the government burden needs to be reduced when they are trying to buy votes with government offerings?

posted at 15:03:22 on 01/09/08 by clearpolitics - Category: Economics - [Permalink]

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