WHEN WILL THE RECESSION END?
4 things needs to happen: (1) health care issue settled by Congress, (2) increase in personal savings rate,
(3) cap-and-trade issue settled (deals with emissions & Texas is most effected as largest amount
of emissions from the refineries, chemical plants, etc.) & (4) increased corporate profits & NOT from cutting inventory, which does not lead to expansion. Numbers 1 & 2 are creating substantial uncertainity for business & investors. All this information from Dr. Mark Dotzour, chief
economist for the Texas A&M U. Real Estate Center. When these 4 issues are resolved, the economy will begin to turn the corner.
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