PDA

View Full Version : NY Times: The Economy



Gerry Clinchy
02-28-2009, 11:54 AM
http://www.nytimes.com/2009/02/28/business/economy/28recession.html?_r=1&th&emc=th

The NY Times seems to indicate that the stimulus plan will not work out as optimistically anticipated.

subroc
02-28-2009, 12:10 PM
I didn't read the article, but I guess they must have some real heavy weight thinkers on staff over there.

YardleyLabs
02-28-2009, 12:19 PM
Of course the reason, according to the story, is that the economy is shrinking much faster than was indicated in earlier estimates for the fourth quarter of last year, raising questions about how quickly any plan can achieve an improvement.

Franco
02-28-2009, 12:50 PM
The irony in the Times or any other newspaper writing about the Congress Recovery Act Program (C.R.A.P.), is the biggest publications are often the biggest supporters of the Dems causes. Will newspapers be next in the payoff, uh I mean bailout? Three major daily papers have folded in the last month. The internet is killing the daily paper. I wouldn't be surprised if they don't become Nationalized too.

Bob Gutermuth
02-28-2009, 02:05 PM
If the NYT folded I would celebrate the loss of another loudmouth liberal organ.

Goose
02-28-2009, 02:14 PM
The Sunday edition of the New York Times now cost more than a share of its stock.

Appropriate.