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CategoriesCareer & Economy
Although the Dow Jones Industrial average posted a 125-point gain on Friday, it was down a bit for the week. The massive drops on Monday and Wednesday of 635 and 520 points respectively, indicate that the market feels exactly what businesses and consumers are already thinking: we could be headed for another recession.
People who live in glass houses, shouldn't throw stones. Not only do most Americans criticize the government for escalating the federal deficit, but according to the most recent polls, they are in favor of increasing the ceiling. Most people understand how catastrophic it would be if the government didn't raise the ceiling.