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Usually can not tell if we are in a recession until we are through it. Numbers rarely shake out quarterly from my understanding. Besides, a recession is cylical, no matter who is president, they reset the market. Fed chair has more to due to the economy than the pres anyway. The former fed chair lasted through 3 presidents and 3 recessions. At least Bush understands that you don't solve economic issues with raising taxes. Something Carter and the two Dem hopefuls do not get!!!! Our general economy has done pretty well over the last 4 years. 911 and the tech bubble were largely left overs from the last admin. Greenspan, the fed and tax cuts pulled us out of that recession and got us to under 5% unemployment. Media overhypes everything negative. My question is how Ron Paul plans on disolving the Fed Reserve? Seriously, I would love to know the plan for that if someone has a web site, its not on his.
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