Saturday, January 17, 2009

Prof. Peter Morici Says Economy in Depression

Prof. Peter Morici
Global Politician
January 16, 2009

"The Labor Department reported on Jan. 9 that the economy lost 524,000 payroll jobs in December, and average employment was 1.3 million lower in the fourth quarter than in the third quarter. I believe the economy is already in the jaws of a depression." from

Infowars.com

Click Title

His figures work nation wide, but in my area we have been in Depression for a least six months. Revolution Garry

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