The state of the economy

[Dianah194]

Even with the Fed's lowering rates by a half point in January, will that solve the problem? It will just help inflate our ***et bubble more, reduce the value of the dollar, increasing the cost of oil. It may help stabilize the prices of homes, but with the price declines, few homeowners will have any equity that they can turn into cash.

Less money will be spent, and jobs will go away. Or elsewhere paying lower wages. Are we headed for a recession?