Recession?
SOURCE: NPR
A job report the Labor Department released Friday shows the economy has weakened over the past year.
New York Times reporter David Leonhardt assesses the state of the economy and says the recent housing bust has the potential to send the wider economy into a recession.
According to Leonhardt, even thought the President's mortgage rescue program will help some homeowners stay in their houses longer, it is not designed to help everyone. "It wider impact will probably not be huge."
Read full report »
A job report the Labor Department released Friday shows the economy has weakened over the past year.
New York Times reporter David Leonhardt assesses the state of the economy and says the recent housing bust has the potential to send the wider economy into a recession.
According to Leonhardt, even thought the President's mortgage rescue program will help some homeowners stay in their houses longer, it is not designed to help everyone. "It wider impact will probably not be huge."
Read full report »
