Do you have a "hard" URL for this, so that if I wanted to forward it to anyone else I could say something more than "this was posted to a left-wing discussion list?" We all know that that alone is the death knell of credibility! :)
-B.
Doug Henwood wrote:
"[This is from Merrill Lynch's chief economist, David Rosenberg. It seems plausible to me. To put this in context, there was essentially *no* consumer recession when the rest of the economy tanked in 2001.]"