Republican Recession Watch: Signs, Signs, Everywhere

2:38 pm EST February 15th, 2008 | News | 3 Comments

This is your economy on Republicans.

With the price of oil near record levels, import costs grew in January at the highest annual rate in a quarter century, the Labor Department said. In New York, manufacturing activity fell to its lowest level in five years. And consumers, responding to a national survey, said they felt worse about the economy than any time since the recession era of the early 1990s.

“This is just horrible,” wrote Ian Shepherdson, the chief United States economist for High Frequency Economics, a research firm. “The sustained volatility in the markets, the rise in energy and food prices and, of course, the catastrophe in the housing market, is making consumers extraordinarily miserable.”

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3 Responses to “Republican Recession Watch: Signs, Signs, Everywhere”

  1. C.S.Strowbridge says:
    February 15, 2008 at 10:54 pm

    Tie the economy to Iraq, which is something most Americans already believe…

    http://www.angus-reid.com/polls/view/americans_say_leaving_iraq_is_best_economic_move/

    And then point out McCain singing Bomb Iran, his saying we will stay in Iraq for 100 years, and he doesn’t know much about the economy.

    This is how you beat him.

  2. duros62 says:
    February 16, 2008 at 1:49 pm

    Yeah, what he said.

  3. duros62 says:
    February 16, 2008 at 2:05 pm

    More fiscal responsibility from the right, I see.

    Man, I’m sensing a theme here, today.