Economy Shrinks at Fastest Pace in 26 Years

The economy contracted at a staggering 6.2 percent pace at the end of 2008, the worst showing in a quarter-century, as consumers and businesses ratcheted back spending, plunging the country deeper into recession. (Feb. 27)

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News & Politics

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• economy
• shrinks
• fastest
• pace
• 26

[FrankieD2000]

The rich people already pay 40% of the taxes and the small company's who make $250,000 will now taxed to the point of having to lay off workers and even close their doors permanently. This is war of the lower class vs. upper and middle class. Its a coup by the Democrats for socialism!

[starcatcher7777]

allgoo:

Ahh so we have a ways to go before we get to the Jimmy Carter #'s I would say the DOW will hit about 5000 and Obama will be the the Lesson learned of why socialist trash are nothing but dismal failures!

[allgoo19]

anthony6661:

Watch the video again. We have seen only the *beginning* of the reality.

What we will see in the near future, spike of the housing foreclosure, big3 US automaker's end. When you see those, you'll really feel the reality.

[allgoo19]

starcatcher7777:

That's 4 years after Regan took office.

[xlioilx]

over your head huh guess you missed it don't even try to figure it out

[PoisonDrakeAssassin]

I am so sick of hearing about the fucking economy.

[BinkieMcFartnuggets]

Shrinkage is nothing to be embarrassed about! It is freakishly cold outside you know!

[sixletter]

CelticDragonO watch "Taxes explained with beer Pink Floyd"

[CelticDragon0]

Tax the rich people, the really rich people!